Distance from the record
This close sat 42.38% 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 2012, not the current price.See today's silver price (11 September 2026)
Silver jumps 3.0% in a single session
Silver closed at $28.00 per troy ounce on 17 May 2012, up $0.826 (3.04%) from the previous close of $27.17.
Notable session: moved more than 3% in a session.
This was a 3.04% 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.
This close sat 42.38% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $33.49, making this a -16.40% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $28.00 per troy ounce on 17 May 2012. That is $0.83 higher than the previous close of $27.17, a move of 3.04%.
The silver price rose on 17 May 2012, gaining $0.83 (3.04%) against the previous session's close of $27.17.
At $28.00 per troy ounce, one gram of pure silver was worth about $0.90 on 17 May 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 56.2 on 17 May 2012, meaning one ounce of gold was worth roughly 56.2 ounces of silver.
A week before 17 May 2012, silver was around $29.14 per troy ounce, so the close of $28.00 is a loss of 3.9% over the week.
A month before 17 May 2012, silver was around $31.67 per troy ounce, so the close of $28.00 is a loss of 11.6% over the month.
A year before 17 May 2012, silver was around $33.49 per troy ounce. The close of $28.00 therefore represents a fall of 16.4% over twelve months.
It closed 42.38% below the highest close on record up to that date, which was set on 2011-04-29.