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 2023, not the current price.See today's silver price (11 September 2026)
Highest closing price since 14 April 2023
Silver closed at $25.40 per troy ounce on 2 May 2023, up $0.405 (1.62%) from the previous close of $25.00.
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.
No earlier session that month closed above this level.
This close sat 47.71% 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 9 of 246 sessions.
Twelve months earlier silver traded around $22.54, making this a +12.69% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $25.40 per troy ounce on 2 May 2023. That is $0.40 higher than the previous close of $25.00, a move of 1.62%.
The silver price rose on 2 May 2023, gaining $0.40 (1.62%) against the previous session's close of $25.00.
At $25.40 per troy ounce, one gram of pure silver was worth about $0.82 on 2 May 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 79.3 on 2 May 2023, meaning one ounce of gold was worth roughly 79.3 ounces of silver.
A week before 2 May 2023, silver was around $24.88 per troy ounce, so the close of $25.40 is a gain of 2.1% over the week.
A month before 2 May 2023, silver was around $24.08 per troy ounce, so the close of $25.40 is a gain of 5.5% over the month.
A year before 2 May 2023, silver was around $22.54 per troy ounce. The close of $25.40 therefore represents a rise of 12.7% 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 47.71% below the highest close on record up to that date, which was set on 2011-04-29.