Distance from the record
This close sat 40.03% 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 10 May 2012, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 9 January 2012
Silver closed at $29.14 per troy ounce on 10 May 2012, down $0.061 (0.21%) from the previous close of $29.20.
This close extended a run of 4 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 40.03% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $38.48, making this a -24.28% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $29.14 per troy ounce on 10 May 2012. That is $0.06 lower than the previous close of $29.20, a move of -0.21%.
The silver price fell on 10 May 2012, losing $0.06 (0.21%) against the previous session's close of $29.20.
At $29.14 per troy ounce, one gram of pure silver was worth about $0.94 on 10 May 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 54.7 on 10 May 2012, meaning one ounce of gold was worth roughly 54.7 ounces of silver.
A week before 10 May 2012, silver was around $29.96 per troy ounce, so the close of $29.14 is a loss of 2.7% over the week.
A month before 10 May 2012, silver was around $31.67 per troy ounce, so the close of $29.14 is a loss of 8.0% over the month.
A year before 10 May 2012, silver was around $38.48 per troy ounce. The close of $29.14 therefore represents a fall of 24.3% over twelve months.
This close was session 4 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 40.03% below the highest close on record up to that date, which was set on 2011-04-29.