Distance from the record
This close sat 42.26% 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 15 May 2012, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 30 December 2011
Silver closed at $28.05 per troy ounce on 15 May 2012, down $0.265 (0.94%) from the previous close of $28.32.
This close extended a run of 7 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 42.26% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $35.01, making this a -19.87% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $28.05 per troy ounce on 15 May 2012. That is $0.26 lower than the previous close of $28.32, a move of -0.94%.
The silver price fell on 15 May 2012, losing $0.26 (0.94%) against the previous session's close of $28.32.
At $28.05 per troy ounce, one gram of pure silver was worth about $0.90 on 15 May 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 55.5 on 15 May 2012, meaning one ounce of gold was worth roughly 55.5 ounces of silver.
A week before 15 May 2012, silver was around $29.41 per troy ounce, so the close of $28.05 is a loss of 4.6% over the week.
A month before 15 May 2012, silver was around $31.38 per troy ounce, so the close of $28.05 is a loss of 10.6% over the month.
A year before 15 May 2012, silver was around $35.01 per troy ounce. The close of $28.05 therefore represents a fall of 19.9% over twelve months.
This close was session 7 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 42.26% below the highest close on record up to that date, which was set on 2011-04-29.