Distance from the record
This close sat 50.08% 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 2023, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 3 April 2023
Silver closed at $24.25 per troy ounce on 11 May 2023, down $1.206 (4.74%) from the previous close of $25.46.
Notable session: moved more than 3% in a session.
Silver lost 4.74% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 50.08% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $21.55, making this a +12.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $24.25 per troy ounce on 11 May 2023. That is $1.21 lower than the previous close of $25.46, a move of -4.74%.
The silver price fell on 11 May 2023, losing $1.21 (4.74%) against the previous session's close of $25.46.
At $24.25 per troy ounce, one gram of pure silver was worth about $0.78 on 11 May 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 83.1 on 11 May 2023, meaning one ounce of gold was worth roughly 83.1 ounces of silver.
A week before 11 May 2023, silver was around $26.03 per troy ounce, so the close of $24.25 is a loss of 6.8% over the week.
A year before 11 May 2023, silver was around $21.55 per troy ounce. The close of $24.25 therefore represents a rise of 12.6% over twelve months.
It closed 50.08% below the highest close on record up to that date, which was set on 2011-04-29.