Distance from the record
This close sat 57.28% below the highest silver close recorded up to that date, set on 2011-04-29.
This page is a historical record of the silver price in 12 May 2022, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 20 July 2020
Silver closed at $20.76 per troy ounce on 12 May 2022, down $0.793 (3.68%) from the previous close of $21.55.
Notable session: lowest close of the month; moved more than 3% in a session.
Silver lost 3.68% 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 57.28% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $27.23, making this a -23.77% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $20.76 per troy ounce on 12 May 2022. That is $0.79 lower than the previous close of $21.55, a move of -3.68%.
The silver price fell on 12 May 2022, losing $0.79 (3.68%) against the previous session's close of $21.55.
At $20.76 per troy ounce, one gram of pure silver was worth about $0.67 on 12 May 2022. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 87.9 on 12 May 2022, meaning one ounce of gold was worth roughly 87.9 ounces of silver.
A week before 12 May 2022, silver was around $22.40 per troy ounce, so the close of $20.76 is a loss of 7.3% over the week.
A month before 12 May 2022, silver was around $25.73 per troy ounce, so the close of $20.76 is a loss of 19.3% over the month.
A year before 12 May 2022, silver was around $27.23 per troy ounce. The close of $20.76 therefore represents a fall of 23.8% over twelve months.
It closed 57.28% below the highest close on record up to that date, which was set on 2011-04-29.