Distance from the record
This close sat 34.18% 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 29 March 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $31.98 per troy ounce on 29 March 2012, up $0.162 (0.51%) from the previous close of $31.82.
This close sat 34.18% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $36.98, making this a -13.52% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $31.98 per troy ounce on 29 March 2012. That is $0.16 higher than the previous close of $31.82, a move of 0.51%.
The silver price rose on 29 March 2012, gaining $0.16 (0.51%) against the previous session's close of $31.82.
At $31.98 per troy ounce, one gram of pure silver was worth about $1.03 on 29 March 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 51.7 on 29 March 2012, meaning one ounce of gold was worth roughly 51.7 ounces of silver.
A week before 29 March 2012, silver was around $31.32 per troy ounce, so the close of $31.98 is a gain of 2.1% over the week.
A month before 29 March 2012, silver was around $34.58 per troy ounce, so the close of $31.98 is a loss of 7.5% over the month.
A year before 29 March 2012, silver was around $36.98 per troy ounce. The close of $31.98 therefore represents a fall of 13.5% over twelve months.
It closed 34.18% below the highest close on record up to that date, which was set on 2011-04-29.