Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 16 May 2001, not the current price.See today's silver price (11 September 2026)
Highest closing price since 24 April 2001
Silver closed at $4.438 per troy ounce on 16 May 2001, up $0.143 (3.33%) from the previous close of $4.295.
Notable session: moved more than 3% in a session.
This was a 3.33% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
No earlier session that month closed above this level.
This close sat 11.29% below the highest silver close recorded up to that date, set on 2000-08-31.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.44 per troy ounce on 16 May 2001. That is $0.14 higher than the previous close of $4.30, a move of 3.33%.
The silver price rose on 16 May 2001, gaining $0.14 (3.33%) against the previous session's close of $4.30.
At $4.44 per troy ounce, one gram of pure silver was worth about $0.14 on 16 May 2001. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 61.3 on 16 May 2001, meaning one ounce of gold was worth roughly 61.3 ounces of silver.
It closed 11.29% below the highest close on record up to that date, which was set on 2000-08-31.