Distance from the record
This close sat 34.51% 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 March 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $31.82 per troy ounce on 28 March 2012, down $0.785 (2.41%) from the previous close of $32.60.
Silver lost 2.41% 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 34.51% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $37.10, making this a -14.24% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $31.82 per troy ounce on 28 March 2012. That is $0.79 lower than the previous close of $32.60, a move of -2.41%.
The silver price fell on 28 March 2012, losing $0.79 (2.41%) against the previous session's close of $32.60.
At $31.82 per troy ounce, one gram of pure silver was worth about $1.02 on 28 March 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.1 on 28 March 2012, meaning one ounce of gold was worth roughly 52.1 ounces of silver.
A month before 28 March 2012, silver was around $37.14 per troy ounce, so the close of $31.82 is a loss of 14.3% over the month.
A year before 28 March 2012, silver was around $37.10 per troy ounce. The close of $31.82 therefore represents a fall of 14.2% over twelve months.
It closed 34.51% below the highest close on record up to that date, which was set on 2011-04-29.