Distance from the record
This close sat 65.79% 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 18 May 2017, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.62 per troy ounce on 18 May 2017, down $0.231 (1.37%) from the previous close of $16.85.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 65.79% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $17.12, making this a -2.91% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.62 per troy ounce on 18 May 2017. That is $0.23 lower than the previous close of $16.85, a move of -1.37%.
The silver price fell on 18 May 2017, losing $0.23 (1.37%) against the previous session's close of $16.85.
At $16.62 per troy ounce, one gram of pure silver was worth about $0.53 on 18 May 2017. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 75.3 on 18 May 2017, meaning one ounce of gold was worth roughly 75.3 ounces of silver.
A week before 18 May 2017, silver was around $16.21 per troy ounce, so the close of $16.62 is a gain of 2.5% over the week.
A month before 18 May 2017, silver was around $18.25 per troy ounce, so the close of $16.62 is a loss of 8.9% over the month.
It closed 65.79% below the highest close on record up to that date, which was set on 2011-04-29.