Distance from the record
This close sat 51.68% 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 23 May 2023, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 29 March 2023
Silver closed at $23.47 per troy ounce on 23 May 2023, down $0.241 (1.02%) from the previous close of $23.72.
This close sat 51.68% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $21.72, making this a +8.06% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $23.47 per troy ounce on 23 May 2023. That is $0.24 lower than the previous close of $23.72, a move of -1.02%.
The silver price fell on 23 May 2023, losing $0.24 (1.02%) against the previous session's close of $23.72.
At $23.47 per troy ounce, one gram of pure silver was worth about $0.75 on 23 May 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 84.0 on 23 May 2023, meaning one ounce of gold was worth roughly 84.0 ounces of silver.
A month before 23 May 2023, silver was around $25.05 per troy ounce, so the close of $23.47 is a loss of 6.3% over the month.
It closed 51.68% below the highest close on record up to that date, which was set on 2011-04-29.