Distance from the record
This close sat 66.27% below the highest silver close recorded up to that date, set on 2011-04-29.
This page is a historical record of the silver price in 18 May 2018, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.39 per troy ounce on 18 May 2018, down $0.026 (0.16%) from the previous close of $16.41.
This close sat 66.27% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.62, making this a -1.41% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.39 per troy ounce on 18 May 2018. That is $0.03 lower than the previous close of $16.41, a move of -0.16%.
The silver price fell on 18 May 2018, losing $0.03 (0.16%) against the previous session's close of $16.41.
At $16.39 per troy ounce, one gram of pure silver was worth about $0.53 on 18 May 2018. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 78.7 on 18 May 2018, meaning one ounce of gold was worth roughly 78.7 ounces of silver.
It closed 66.27% below the highest close on record up to that date, which was set on 2011-04-29.