Distance from the record
This close sat 51.64% 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 2023, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 29 March 2023
Silver closed at $23.50 per troy ounce on 18 May 2023, down $0.257 (1.08%) from the previous close of $23.75.
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 51.64% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $21.53, making this a +9.11% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $23.50 per troy ounce on 18 May 2023. That is $0.26 lower than the previous close of $23.75, a move of -1.08%.
The silver price fell on 18 May 2023, losing $0.26 (1.08%) against the previous session's close of $23.75.
At $23.50 per troy ounce, one gram of pure silver was worth about $0.76 on 18 May 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 83.3 on 18 May 2023, meaning one ounce of gold was worth roughly 83.3 ounces of silver.
A week before 18 May 2023, silver was around $24.25 per troy ounce, so the close of $23.50 is a loss of 3.1% over the week.
A month before 18 May 2023, silver was around $25.25 per troy ounce, so the close of $23.50 is a loss of 6.9% over the month.
It closed 51.64% below the highest close on record up to that date, which was set on 2011-04-29.