Highest so far that year
At the time, no session earlier in the year had closed higher.
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This page is a historical record of the silver price in 20 May 2024, not the current price.See today's silver price (11 September 2026)
Highest closing price since 23 January 2013
Silver closed at $32.21 per troy ounce on 20 May 2024, up $1.158 (3.73%) from the previous close of $31.05.
Notable session: highest close of the month; moved more than 3% in a session.
This was a 3.73% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
At the time, no session earlier in the year had closed higher.
This close sat 33.71% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $23.92, making this a +34.64% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $32.21 per troy ounce on 20 May 2024. That is $1.16 higher than the previous close of $31.05, a move of 3.73%.
The silver price rose on 20 May 2024, gaining $1.16 (3.73%) against the previous session's close of $31.05.
At $32.21 per troy ounce, one gram of pure silver was worth about $1.04 on 20 May 2024. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 75.6 on 20 May 2024, meaning one ounce of gold was worth roughly 75.6 ounces of silver.
A week before 20 May 2024, silver was around $28.22 per troy ounce, so the close of $32.21 is a gain of 14.1% over the week.
A month before 20 May 2024, silver was around $28.81 per troy ounce, so the close of $32.21 is a gain of 11.8% over the month.
A year before 20 May 2024, silver was around $23.92 per troy ounce. The close of $32.21 therefore represents a rise of 34.6% over twelve months.
This close was session 5 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 33.71% below the highest close on record up to that date, which was set on 2011-04-29.
The most recent higher close was about 11 years earlier — 2819 trading sessions before this one.