Distance from the record
This close sat 66.08% 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 19 May 2016, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 18 April 2016
Silver closed at $16.48 per troy ounce on 19 May 2016, down $0.641 (3.74%) from the previous close of $17.12.
Notable session: moved more than 3% in a session.
Silver lost 3.74% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 66.08% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $17.05, making this a -3.35% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.48 per troy ounce on 19 May 2016. That is $0.64 lower than the previous close of $17.12, a move of -3.74%.
The silver price fell on 19 May 2016, losing $0.64 (3.74%) against the previous session's close of $17.12.
At $16.48 per troy ounce, one gram of pure silver was worth about $0.53 on 19 May 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 76.1 on 19 May 2016, meaning one ounce of gold was worth roughly 76.1 ounces of silver.
A week before 19 May 2016, silver was around $17.09 per troy ounce, so the close of $16.48 is a loss of 3.6% over the week.
It closed 66.08% below the highest close on record up to that date, which was set on 2011-04-29.