Distance from the record
This close sat 49.90% 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 2024, not the current price.See today's silver price (11 September 2026)
Silver closed at $24.34 per troy ounce on 8 March 2024, down $0.031 (0.13%) from the previous close of $24.37.
Silver barely moved, closing within 0.13% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 49.90% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $20.00, making this a +21.66% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $24.34 per troy ounce on 8 March 2024. That is $0.03 lower than the previous close of $24.37, a move of -0.13%.
The silver price fell on 8 March 2024, losing $0.03 (0.13%) against the previous session's close of $24.37.
At $24.34 per troy ounce, one gram of pure silver was worth about $0.78 on 8 March 2024. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 89.5 on 8 March 2024, meaning one ounce of gold was worth roughly 89.5 ounces of silver.
A month before 8 March 2024, silver was around $22.57 per troy ounce, so the close of $24.34 is a gain of 7.9% over the month.
A year before 8 March 2024, silver was around $20.00 per troy ounce. The close of $24.34 therefore represents a rise of 21.7% over twelve months.
It closed 49.90% below the highest close on record up to that date, which was set on 2011-04-29.