Distance from the record
This close sat 1.47% below the highest silver close recorded up to that date, set on 2011-03-02.
This page is a historical record of the silver price in 3 March 2011, not the current price.See today's silver price (11 September 2026)
Silver closed at $34.31 per troy ounce on 3 March 2011, down $0.512 (1.47%) from the previous close of $34.83.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 1.47% below the highest silver close recorded up to that date, set on 2011-03-02.
Twelve months earlier silver traded around $17.31, making this a +98.24% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $34.31 per troy ounce on 3 March 2011. That is $0.51 lower than the previous close of $34.83, a move of -1.47%.
The silver price fell on 3 March 2011, losing $0.51 (1.47%) against the previous session's close of $34.83.
At $34.31 per troy ounce, one gram of pure silver was worth about $1.10 on 3 March 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 41.3 on 3 March 2011, meaning one ounce of gold was worth roughly 41.3 ounces of silver.
A week before 3 March 2011, silver was around $33.18 per troy ounce, so the close of $34.31 is a gain of 3.4% over the week.
A month before 3 March 2011, silver was around $28.73 per troy ounce, so the close of $34.31 is a gain of 19.4% over the month.
A year before 3 March 2011, silver was around $17.31 per troy ounce. The close of $34.31 therefore represents a rise of 98.2% over twelve months.
It closed 1.47% below the highest close on record up to that date, which was set on 2011-03-02.