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 2022, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 4 February 2022
Silver closed at $22.54 per troy ounce on 2 May 2022, down $0.496 (2.15%) from the previous close of $23.04.
Silver lost 2.15% 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 53.60% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $25.85, making this a -12.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $22.54 per troy ounce on 2 May 2022. That is $0.50 lower than the previous close of $23.04, a move of -2.15%.
The silver price fell on 2 May 2022, losing $0.50 (2.15%) against the previous session's close of $23.04.
At $22.54 per troy ounce, one gram of pure silver was worth about $0.72 on 2 May 2022. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 82.6 on 2 May 2022, meaning one ounce of gold was worth roughly 82.6 ounces of silver.
A week before 2 May 2022, silver was around $23.67 per troy ounce, so the close of $22.54 is a loss of 4.7% over the week.
A month before 2 May 2022, silver was around $25.12 per troy ounce, so the close of $22.54 is a loss of 10.3% over the month.
A year before 2 May 2022, silver was around $25.85 per troy ounce. The close of $22.54 therefore represents a fall of 12.8% over twelve months.
This close was session 10 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 53.60% below the highest close on record up to that date, which was set on 2011-04-29.