Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 8 March 2005, not the current price.See today's silver price (11 September 2026)
Highest closing price since 22 February 2005
Silver closed at $7.502 per troy ounce on 8 March 2005, up $0.143 (1.94%) from the previous close of $7.359.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 8.63% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.974, making this a +7.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.50 per troy ounce on 8 March 2005. That is $0.14 higher than the previous close of $7.36, a move of 1.94%.
The silver price rose on 8 March 2005, gaining $0.14 (1.94%) against the previous session's close of $7.36.
At $7.50 per troy ounce, one gram of pure silver was worth about $0.24 on 8 March 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 58.7 on 8 March 2005, meaning one ounce of gold was worth roughly 58.7 ounces of silver.
A week before 8 March 2005, silver was around $7.19 per troy ounce, so the close of $7.50 is a gain of 4.3% over the week.
A month before 8 March 2005, silver was around $6.55 per troy ounce, so the close of $7.50 is a gain of 14.6% over the month.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 8.63% below the highest close on record up to that date, which was set on 2004-04-06.