Distance from the record
This close sat 35.59% 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 22 May 2024, not the current price.See today's silver price (11 September 2026)
Silver closed at $31.30 per troy ounce on 22 May 2024, down $0.573 (1.80%) from the previous close of $31.87.
This close sat 35.59% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $23.72, making this a +31.96% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $31.30 per troy ounce on 22 May 2024. That is $0.57 lower than the previous close of $31.87, a move of -1.80%.
The silver price fell on 22 May 2024, losing $0.57 (1.80%) against the previous session's close of $31.87.
At $31.30 per troy ounce, one gram of pure silver was worth about $1.01 on 22 May 2024. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 76.3 on 22 May 2024, meaning one ounce of gold was worth roughly 76.3 ounces of silver.
A week before 22 May 2024, silver was around $29.51 per troy ounce, so the close of $31.30 is a gain of 6.0% over the week.
A month before 22 May 2024, silver was around $27.21 per troy ounce, so the close of $31.30 is a gain of 15.0% over the month.
A year before 22 May 2024, silver was around $23.72 per troy ounce. The close of $31.30 therefore represents a rise of 32.0% over twelve months.
It closed 35.59% below the highest close on record up to that date, which was set on 2011-04-29.