Distance from the record
This close sat 66.06% 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 27 March 2018, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.49 per troy ounce on 27 March 2018, down $0.143 (0.86%) from the previous close of $16.63.
This close sat 66.06% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.08, making this a -8.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.49 per troy ounce on 27 March 2018. That is $0.14 lower than the previous close of $16.63, a move of -0.86%.
The silver price fell on 27 March 2018, losing $0.14 (0.86%) against the previous session's close of $16.63.
At $16.49 per troy ounce, one gram of pure silver was worth about $0.53 on 27 March 2018. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 81.3 on 27 March 2018, meaning one ounce of gold was worth roughly 81.3 ounces of silver.
A week before 27 March 2018, silver was around $16.13 per troy ounce, so the close of $16.49 is a gain of 2.3% over the week.
It closed 66.06% below the highest close on record up to that date, which was set on 2011-04-29.