Distance from the record
This close sat 14.83% below the highest silver close recorded up to that date, set on 2006-03-01.
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This page is a historical record of the silver price in 8 March 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $9.777 per troy ounce on 8 March 2006, down $0.258 (2.57%) from the previous close of $10.03.
Notable session: lowest close of the month.
Silver lost 2.57% 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 close sat 14.83% below the highest silver close recorded up to that date, set on 2006-03-01.
Twelve months earlier silver traded around $7.502, making this a +30.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $9.78 per troy ounce on 8 March 2006. That is $0.26 lower than the previous close of $10.03, a move of -2.57%.
The silver price fell on 8 March 2006, losing $0.26 (2.57%) against the previous session's close of $10.03.
At $9.78 per troy ounce, one gram of pure silver was worth about $0.31 on 8 March 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 55.5 on 8 March 2006, meaning one ounce of gold was worth roughly 55.5 ounces of silver.
A week before 8 March 2006, silver was around $11.48 per troy ounce, so the close of $9.78 is a loss of 14.8% over the week.
A year before 8 March 2006, silver was around $7.50 per troy ounce. The close of $9.78 therefore represents a rise of 30.3% over twelve months.
It closed 14.83% below the highest close on record up to that date, which was set on 2006-03-01.