Distance from the record
This close sat 69.12% below the highest silver close recorded up to that date, set on 2011-04-29.
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This page is a historical record of the silver price in 2 March 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $15.00 per troy ounce on 2 March 2016, down $0.457 (2.96%) from the previous close of $15.46.
Notable session: lowest close of the month.
Silver lost 2.96% 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 69.12% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.41, making this a -8.56% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $15.00 per troy ounce on 2 March 2016. That is $0.46 lower than the previous close of $15.46, a move of -2.96%.
The silver price fell on 2 March 2016, losing $0.46 (2.96%) against the previous session's close of $15.46.
At $15.00 per troy ounce, one gram of pure silver was worth about $0.48 on 2 March 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 82.7 on 2 March 2016, meaning one ounce of gold was worth roughly 82.7 ounces of silver.
A month before 2 March 2016, silver was around $14.28 per troy ounce, so the close of $15.00 is a gain of 5.1% over the month.
It closed 69.12% below the highest close on record up to that date, which was set on 2011-04-29.