Distance from the record
This close sat 1.19% below the highest silver close recorded up to that date, set on 2006-03-30.
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This page is a historical record of the silver price in 31 March 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $11.48 per troy ounce on 31 March 2006, down $0.138 (1.19%) from the previous close of $11.62.
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 1.19% below the highest silver close recorded up to that date, set on 2006-03-30.
Twelve months earlier silver traded around $7.191, making this a +59.64% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.48 per troy ounce on 31 March 2006. That is $0.14 lower than the previous close of $11.62, a move of -1.19%.
The silver price fell on 31 March 2006, losing $0.14 (1.19%) against the previous session's close of $11.62.
At $11.48 per troy ounce, one gram of pure silver was worth about $0.37 on 31 March 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 50.7 on 31 March 2006, meaning one ounce of gold was worth roughly 50.7 ounces of silver.
A week before 31 March 2006, silver was around $10.69 per troy ounce, so the close of $11.48 is a gain of 7.4% over the week.
A month before 31 March 2006, silver was around $9.72 per troy ounce, so the close of $11.48 is a gain of 18.1% over the month.
A year before 31 March 2006, silver was around $7.19 per troy ounce. The close of $11.48 therefore represents a rise of 59.6% over twelve months.
It closed 1.19% below the highest close on record up to that date, which was set on 2006-03-30.