Distance from the record
This close sat 18.96% below the highest silver close recorded up to that date, set on 2008-03-05.
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This page is a historical record of the silver price in 13 May 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.76 per troy ounce on 13 May 2008, down $0.395 (2.30%) from the previous close of $17.16.
Silver lost 2.30% 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 18.96% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.21, making this a +26.90% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.76 per troy ounce on 13 May 2008. That is $0.40 lower than the previous close of $17.16, a move of -2.30%.
The silver price fell on 13 May 2008, losing $0.40 (2.30%) against the previous session's close of $17.16.
At $16.76 per troy ounce, one gram of pure silver was worth about $0.54 on 13 May 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 51.8 on 13 May 2008, meaning one ounce of gold was worth roughly 51.8 ounces of silver.
A month before 13 May 2008, silver was around $17.67 per troy ounce, so the close of $16.76 is a loss of 5.1% over the month.
A year before 13 May 2008, silver was around $13.21 per troy ounce. The close of $16.76 therefore represents a rise of 26.9% over twelve months.
It closed 18.96% below the highest close on record up to that date, which was set on 2008-03-05.