Distance from the record
This close sat 30.96% 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 7 March 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $33.54 per troy ounce on 7 March 2012, up $0.802 (2.45%) from the previous close of $32.74.
This was a 2.45% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This close sat 30.96% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $35.85, making this a -6.45% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $33.54 per troy ounce on 7 March 2012. That is $0.80 higher than the previous close of $32.74, a move of 2.45%.
The silver price rose on 7 March 2012, gaining $0.80 (2.45%) against the previous session's close of $32.74.
At $33.54 per troy ounce, one gram of pure silver was worth about $1.08 on 7 March 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 50.2 on 7 March 2012, meaning one ounce of gold was worth roughly 50.2 ounces of silver.
A week before 7 March 2012, silver was around $34.58 per troy ounce, so the close of $33.54 is a loss of 3.0% over the week.
It closed 30.96% below the highest close on record up to that date, which was set on 2011-04-29.