Distance from the record
This close sat 11.07% below the highest silver close recorded up to that date, set on 2008-03-05.
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This page is a historical record of the silver price in 19 March 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 25 February 2008
Silver closed at $18.40 per troy ounce on 19 March 2008, down $1.495 (7.52%) from the previous close of $19.89.
Notable session: moved more than 3% in a session.
Silver lost 7.52% 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 11.07% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.15, making this a +39.92% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $18.40 per troy ounce on 19 March 2008. That is $1.49 lower than the previous close of $19.89, a move of -7.52%.
The silver price fell on 19 March 2008, losing $1.49 (7.52%) against the previous session's close of $19.89.
At $18.40 per troy ounce, one gram of pure silver was worth about $0.59 on 19 March 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 51.4 on 19 March 2008, meaning one ounce of gold was worth roughly 51.4 ounces of silver.
A week before 19 March 2008, silver was around $19.91 per troy ounce, so the close of $18.40 is a loss of 7.6% over the week.
A month before 19 March 2008, silver was around $17.49 per troy ounce, so the close of $18.40 is a gain of 5.2% over the month.
A year before 19 March 2008, silver was around $13.15 per troy ounce. The close of $18.40 therefore represents a rise of 39.9% over twelve months.
This close was session 3 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 11.07% below the highest close on record up to that date, which was set on 2008-03-05.