Distance from the record
This close sat 66.22% 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 2018, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.41 per troy ounce on 17 May 2018, up $0.116 (0.71%) from the previous close of $16.30.
This close sat 66.22% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.85, making this a -2.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.41 per troy ounce on 17 May 2018. That is $0.12 higher than the previous close of $16.30, a move of 0.71%.
The silver price rose on 17 May 2018, gaining $0.12 (0.71%) against the previous session's close of $16.30.
At $16.41 per troy ounce, one gram of pure silver was worth about $0.53 on 17 May 2018. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 78.5 on 17 May 2018, meaning one ounce of gold was worth roughly 78.5 ounces of silver.
It closed 66.22% below the highest close on record up to that date, which was set on 2011-04-29.