Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 11 May 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $17.30 per troy ounce on 11 May 2016, up $0.227 (1.33%) from the previous close of $17.08.
This was the strongest close of the week up to that point.
This close sat 64.39% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.30, making this a +6.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.30 per troy ounce on 11 May 2016. That is $0.23 higher than the previous close of $17.08, a move of 1.33%.
The silver price rose on 11 May 2016, gaining $0.23 (1.33%) against the previous session's close of $17.08.
At $17.30 per troy ounce, one gram of pure silver was worth about $0.56 on 11 May 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 73.7 on 11 May 2016, meaning one ounce of gold was worth roughly 73.7 ounces of silver.
A month before 11 May 2016, silver was around $15.97 per troy ounce, so the close of $17.30 is a gain of 8.3% over the month.
It closed 64.39% below the highest close on record up to that date, which was set on 2011-04-29.