Distance from the record
This close sat 66.67% 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 2018, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 20 March 2018
Silver closed at $16.19 per troy ounce on 15 May 2018, down $0.376 (2.27%) from the previous close of $16.57.
Notable session: lowest close of the month.
Silver lost 2.27% 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 66.67% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.56, making this a -2.22% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.19 per troy ounce on 15 May 2018. That is $0.38 lower than the previous close of $16.57, a move of -2.27%.
The silver price fell on 15 May 2018, losing $0.38 (2.27%) against the previous session's close of $16.57.
At $16.19 per troy ounce, one gram of pure silver was worth about $0.52 on 15 May 2018. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 79.6 on 15 May 2018, meaning one ounce of gold was worth roughly 79.6 ounces of silver.
This close was session 3 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 66.67% below the highest close on record up to that date, which was set on 2011-04-29.