Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 19 May 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.97 per troy ounce on 19 May 2008, up $0.070 (0.41%) from the previous close of $16.90.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 17.94% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $12.93, making this a +31.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.97 per troy ounce on 19 May 2008. That is $0.07 higher than the previous close of $16.90, a move of 0.41%.
The silver price rose on 19 May 2008, gaining $0.07 (0.41%) against the previous session's close of $16.90.
At $16.97 per troy ounce, one gram of pure silver was worth about $0.55 on 19 May 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 53.3 on 19 May 2008, meaning one ounce of gold was worth roughly 53.3 ounces of silver.
A year before 19 May 2008, silver was around $12.93 per troy ounce. The close of $16.97 therefore represents a rise of 31.3% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 17.94% below the highest close on record up to that date, which was set on 2008-03-05.