Distance from the record
This close sat 65.68% 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 11 May 2018, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.68 per troy ounce on 11 May 2018, down $0.004 (0.02%) from the previous close of $16.68.
Silver barely moved, closing within 0.02% 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 65.68% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.21, making this a +2.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.68 per troy ounce on 11 May 2018. That is $0.00 lower than the previous close of $16.68, a move of -0.02%.
The silver price fell on 11 May 2018, losing $0.00 (0.02%) against the previous session's close of $16.68.
At $16.68 per troy ounce, one gram of pure silver was worth about $0.54 on 11 May 2018. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 79.1 on 11 May 2018, meaning one ounce of gold was worth roughly 79.1 ounces of silver.
It closed 65.68% below the highest close on record up to that date, which was set on 2011-04-29.