Distance from the record
This close sat 31.07% 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 17 May 2011, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 25 February 2011
Silver closed at $33.49 per troy ounce on 17 May 2011, down $0.641 (1.88%) from the previous close of $34.13.
Notable session: lowest close of the month.
This close sat 31.07% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.83, making this a +77.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $33.49 per troy ounce on 17 May 2011. That is $0.64 lower than the previous close of $34.13, a move of -1.88%.
The silver price fell on 17 May 2011, losing $0.64 (1.88%) against the previous session's close of $34.13.
At $33.49 per troy ounce, one gram of pure silver was worth about $1.08 on 17 May 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 44.2 on 17 May 2011, meaning one ounce of gold was worth roughly 44.2 ounces of silver.
A week before 17 May 2011, silver was around $38.48 per troy ounce, so the close of $33.49 is a loss of 13.0% over the week.
A month before 17 May 2011, silver was around $42.57 per troy ounce, so the close of $33.49 is a loss of 21.3% over the month.
A year before 17 May 2011, silver was around $18.83 per troy ounce. The close of $33.49 therefore represents a rise of 77.8% over twelve months.
It closed 31.07% below the highest close on record up to that date, which was set on 2011-04-29.