Distance from the record
This close sat 75.85% below the highest silver close recorded up to that date, set on 2011-04-29.
This page is a historical record of the silver price in 18 March 2020, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 22 January 2009
Silver closed at $11.73 per troy ounce on 18 March 2020, down $0.734 (5.89%) from the previous close of $12.47.
Notable session: lowest close of the year; lowest close of the month; moved more than 3% in a session.
Silver lost 5.89% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 75.85% below the highest silver close recorded up to that date, set on 2011-04-29.
One of the ten lowest silver closes of that year, ranking 250 of 250 sessions.
Twelve months earlier silver traded around $15.25, making this a -23.05% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.73 per troy ounce on 18 March 2020. That is $0.73 lower than the previous close of $12.47, a move of -5.89%.
The silver price fell on 18 March 2020, losing $0.73 (5.89%) against the previous session's close of $12.47.
At $11.73 per troy ounce, one gram of pure silver was worth about $0.38 on 18 March 2020. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 125.9 on 18 March 2020, meaning one ounce of gold was worth roughly 125.9 ounces of silver.
A week before 18 March 2020, silver was around $16.73 per troy ounce, so the close of $11.73 is a loss of 29.9% over the week.
A month before 18 March 2020, silver was around $18.13 per troy ounce, so the close of $11.73 is a loss of 35.3% over the month.
A year before 18 March 2020, silver was around $15.25 per troy ounce. The close of $11.73 therefore represents a fall of 23.1% over twelve months.
This close was session 9 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 75.85% below the highest close on record up to that date, which was set on 2011-04-29.