Distance from the record
This close sat 68.34% 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 8 March 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $15.38 per troy ounce on 8 March 2016, down $0.239 (1.53%) from the previous close of $15.62.
This close sat 68.34% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.78, making this a -2.53% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $15.38 per troy ounce on 8 March 2016. That is $0.24 lower than the previous close of $15.62, a move of -1.53%.
The silver price fell on 8 March 2016, losing $0.24 (1.53%) against the previous session's close of $15.62.
At $15.38 per troy ounce, one gram of pure silver was worth about $0.49 on 8 March 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 82.0 on 8 March 2016, meaning one ounce of gold was worth roughly 82.0 ounces of silver.
It closed 68.34% below the highest close on record up to that date, which was set on 2011-04-29.