Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 2 May 2011, not the current price.See today's silver price (11 September 2026)
Silver falls 5.2% in a single session
Silver closed at $46.08 per troy ounce on 2 May 2011, down $2.506 (5.16%) from the previous close of $48.58.
Notable session: highest close of the month; moved more than 3% in a session.
Silver lost 5.16% 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.
No earlier session that month closed above this level.
This close sat 5.16% below the highest silver close recorded up to that date, set on 2011-04-29.
One of the ten highest silver closes of that year, ranking 4 of 247 sessions.
Twelve months earlier silver traded around $18.61, making this a +147.58% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $46.08 per troy ounce on 2 May 2011. That is $2.51 lower than the previous close of $48.58, a move of -5.16%.
The silver price fell on 2 May 2011, losing $2.51 (5.16%) against the previous session's close of $48.58.
At $46.08 per troy ounce, one gram of pure silver was worth about $1.48 on 2 May 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 33.8 on 2 May 2011, meaning one ounce of gold was worth roughly 33.8 ounces of silver.
A week before 2 May 2011, silver was around $47.15 per troy ounce, so the close of $46.08 is a loss of 2.3% over the week.
A month before 2 May 2011, silver was around $37.87 per troy ounce, so the close of $46.08 is a gain of 21.7% over the month.
A year before 2 May 2011, silver was around $18.61 per troy ounce. The close of $46.08 therefore represents a rise of 147.6% over twelve months.
It closed 5.16% below the highest close on record up to that date, which was set on 2011-04-29.