Distance from the record
This close sat 68.58% 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 23 March 2016, not the current price.See today's silver price (11 September 2026)
Silver falls 3.9% in a single session
Silver closed at $15.26 per troy ounce on 23 March 2016, down $0.614 (3.87%) from the previous close of $15.88.
Notable session: moved more than 3% in a session.
Silver lost 3.87% 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 68.58% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.87, making this a -9.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $15.26 per troy ounce on 23 March 2016. That is $0.61 lower than the previous close of $15.88, a move of -3.87%.
The silver price fell on 23 March 2016, losing $0.61 (3.87%) against the previous session's close of $15.88.
At $15.26 per troy ounce, one gram of pure silver was worth about $0.49 on 23 March 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 80.2 on 23 March 2016, meaning one ounce of gold was worth roughly 80.2 ounces of silver.
It closed 68.58% below the highest close on record up to that date, which was set on 2011-04-29.