Distance from the record
This close sat 68.73% 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 24 March 2016, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 3 March 2016
Silver closed at $15.19 per troy ounce on 24 March 2016, down $0.072 (0.47%) from the previous close of $15.26.
This close sat 68.73% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.96, making this a -10.45% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $15.19 per troy ounce on 24 March 2016. That is $0.07 lower than the previous close of $15.26, a move of -0.47%.
The silver price fell on 24 March 2016, losing $0.07 (0.47%) against the previous session's close of $15.26.
At $15.19 per troy ounce, one gram of pure silver was worth about $0.49 on 24 March 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 80.4 on 24 March 2016, meaning one ounce of gold was worth roughly 80.4 ounces of silver.
A week before 24 March 2016, silver was around $16.02 per troy ounce, so the close of $15.19 is a loss of 5.2% over the week.
It closed 68.73% below the highest close on record up to that date, which was set on 2011-04-29.