Distance from the record
This close sat 66.40% 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 28 February 2018, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 9 February 2018
Silver closed at $16.32 per troy ounce on 28 February 2018, down $0.022 (0.13%) from the previous close of $16.35.
Silver barely moved, closing within 0.13% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 66.40% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.42, making this a -11.38% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.32 per troy ounce on 28 February 2018. That is $0.02 lower than the previous close of $16.35, a move of -0.13%.
The silver price fell on 28 February 2018, losing $0.02 (0.13%) against the previous session's close of $16.35.
At $16.32 per troy ounce, one gram of pure silver was worth about $0.52 on 28 February 2018. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 80.6 on 28 February 2018, meaning one ounce of gold was worth roughly 80.6 ounces of silver.
A month before 28 February 2018, silver was around $17.38 per troy ounce, so the close of $16.32 is a loss of 6.1% over the month.
It closed 66.40% below the highest close on record up to that date, which was set on 2011-04-29.