Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 16 May 2011, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 15 March 2011
Silver closed at $34.13 per troy ounce on 16 May 2011, down $0.882 (2.52%) from the previous close of $35.01.
Silver lost 2.52% 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 was the strongest close of the week up to that point.
This close sat 29.75% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $19.20, making this a +77.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $34.13 per troy ounce on 16 May 2011. That is $0.88 lower than the previous close of $35.01, a move of -2.52%.
The silver price fell on 16 May 2011, losing $0.88 (2.52%) against the previous session's close of $35.01.
At $34.13 per troy ounce, one gram of pure silver was worth about $1.10 on 16 May 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 43.7 on 16 May 2011, meaning one ounce of gold was worth roughly 43.7 ounces of silver.
A week before 16 May 2011, silver was around $37.11 per troy ounce, so the close of $34.13 is a loss of 8.0% over the week.
A month before 16 May 2011, silver was around $42.57 per troy ounce, so the close of $34.13 is a loss of 19.8% over the month.
A year before 16 May 2011, silver was around $19.20 per troy ounce. The close of $34.13 therefore represents a rise of 77.7% over twelve months.
It closed 29.75% below the highest close on record up to that date, which was set on 2011-04-29.