Distance from the record
This close sat 15.03% below the highest silver close recorded up to that date, set on 2004-04-06.
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This page is a historical record of the silver price in 23 March 2005, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 10 February 2005
Silver closed at $6.977 per troy ounce on 23 March 2005, down $0.093 (1.32%) from the previous close of $7.070.
This close extended a run of 5 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 15.03% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $7.698, making this a -9.37% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.98 per troy ounce on 23 March 2005. That is $0.09 lower than the previous close of $7.07, a move of -1.32%.
The silver price fell on 23 March 2005, losing $0.09 (1.32%) against the previous session's close of $7.07.
At $6.98 per troy ounce, one gram of pure silver was worth about $0.22 on 23 March 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 60.9 on 23 March 2005, meaning one ounce of gold was worth roughly 60.9 ounces of silver.
A week before 23 March 2005, silver was around $7.43 per troy ounce, so the close of $6.98 is a loss of 6.0% over the week.
A month before 23 March 2005, silver was around $7.44 per troy ounce, so the close of $6.98 is a loss of 6.2% over the month.
This close was session 5 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 15.03% below the highest close on record up to that date, which was set on 2004-04-06.