Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 31 March 2008, not the current price.See today's silver price (11 September 2026)
Silver falls 3.5% in a single session
Silver closed at $17.27 per troy ounce on 31 March 2008, down $0.625 (3.49%) from the previous close of $17.90.
Notable session: moved more than 3% in a session.
Silver lost 3.49% 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 was the strongest close of the week up to that point.
This close sat 16.49% 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 +29.01% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.27 per troy ounce on 31 March 2008. That is $0.63 lower than the previous close of $17.90, a move of -3.49%.
The silver price fell on 31 March 2008, losing $0.63 (3.49%) against the previous session's close of $17.90.
At $17.27 per troy ounce, one gram of pure silver was worth about $0.56 on 31 March 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 53.0 on 31 March 2008, meaning one ounce of gold was worth roughly 53.0 ounces of silver.
A month before 31 March 2008, silver was around $19.81 per troy ounce, so the close of $17.27 is a loss of 12.8% over the month.
A year before 31 March 2008, silver was around $13.39 per troy ounce. The close of $17.27 therefore represents a rise of 29.0% over twelve months.
It closed 16.49% below the highest close on record up to that date, which was set on 2008-03-05.