Distance from the record
This close sat 15.56% below the highest silver close recorded up to that date, set on 2004-04-06.
This page is a historical record of the silver price in 24 March 2005, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 9 February 2005
Silver closed at $6.933 per troy ounce on 24 March 2005, down $0.044 (0.63%) from the previous close of $6.977.
This close extended a run of 6 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 15.56% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $7.640, making this a -9.25% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.93 per troy ounce on 24 March 2005. That is $0.04 lower than the previous close of $6.98, a move of -0.63%.
The silver price fell on 24 March 2005, losing $0.04 (0.63%) against the previous session's close of $6.98.
At $6.93 per troy ounce, one gram of pure silver was worth about $0.22 on 24 March 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 61.3 on 24 March 2005, meaning one ounce of gold was worth roughly 61.3 ounces of silver.
A week before 24 March 2005, silver was around $7.39 per troy ounce, so the close of $6.93 is a loss of 6.1% over the week.
A month before 24 March 2005, silver was around $7.38 per troy ounce, so the close of $6.93 is a loss of 6.1% over the month.
This close was session 6 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 15.56% below the highest close on record up to that date, which was set on 2004-04-06.