Distance from the record
This close sat 13.46% below the highest silver close recorded up to that date, set on 2008-03-05.
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This page is a historical record of the silver price in 28 March 2008, not the current price.See today's silver price (11 September 2026)
Silver falls 3.3% in a single session
Silver closed at $17.90 per troy ounce on 28 March 2008, down $0.613 (3.31%) from the previous close of $18.51.
Notable session: moved more than 3% in a session.
Silver lost 3.31% 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 13.46% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.39, making this a +33.71% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.90 per troy ounce on 28 March 2008. That is $0.61 lower than the previous close of $18.51, a move of -3.31%.
The silver price fell on 28 March 2008, losing $0.61 (3.31%) against the previous session's close of $18.51.
At $17.90 per troy ounce, one gram of pure silver was worth about $0.58 on 28 March 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.0 on 28 March 2008, meaning one ounce of gold was worth roughly 52.0 ounces of silver.
A week before 28 March 2008, silver was around $16.81 per troy ounce, so the close of $17.90 is a gain of 6.5% over the week.
A month before 28 March 2008, silver was around $19.63 per troy ounce, so the close of $17.90 is a loss of 8.8% over the month.
A year before 28 March 2008, silver was around $13.39 per troy ounce. The close of $17.90 therefore represents a rise of 33.7% over twelve months.
It closed 13.46% below the highest close on record up to that date, which was set on 2008-03-05.