Distance from the record
This close sat 11.78% below the highest silver close recorded up to that date, set on 2006-03-01.
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This page is a historical record of the silver price in 2 March 2006, not the current price.See today's silver price (11 September 2026)
Silver falls 11.8% in a single session
Silver closed at $10.13 per troy ounce on 2 March 2006, down $1.352 (11.78%) from the previous close of $11.48.
Notable session: moved more than 3% in a session.
Silver lost 11.78% 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 11.78% below the highest silver close recorded up to that date, set on 2006-03-01.
Twelve months earlier silver traded around $7.307, making this a +38.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $10.13 per troy ounce on 2 March 2006. That is $1.35 lower than the previous close of $11.48, a move of -11.78%.
The silver price fell on 2 March 2006, losing $1.35 (11.78%) against the previous session's close of $11.48.
At $10.13 per troy ounce, one gram of pure silver was worth about $0.33 on 2 March 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 56.1 on 2 March 2006, meaning one ounce of gold was worth roughly 56.1 ounces of silver.
A week before 2 March 2006, silver was around $9.46 per troy ounce, so the close of $10.13 is a gain of 7.0% over the week.
A year before 2 March 2006, silver was around $7.31 per troy ounce. The close of $10.13 therefore represents a rise of 38.6% over twelve months.
It closed 11.78% below the highest close on record up to that date, which was set on 2006-03-01.