Distance from the record
This close sat 37.67% 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 2024, not the current price.See today's silver price (11 September 2026)
Silver falls 3.2% in a single session
Silver closed at $30.28 per troy ounce on 23 May 2024, down $1.011 (3.23%) from the previous close of $31.30.
Notable session: moved more than 3% in a session.
Silver lost 3.23% 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.
This close sat 37.67% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $23.47, making this a +29.01% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $30.28 per troy ounce on 23 May 2024. That is $1.01 lower than the previous close of $31.30, a move of -3.23%.
The silver price fell on 23 May 2024, losing $1.01 (3.23%) against the previous session's close of $31.30.
At $30.28 per troy ounce, one gram of pure silver was worth about $0.97 on 23 May 2024. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 77.1 on 23 May 2024, meaning one ounce of gold was worth roughly 77.1 ounces of silver.
A week before 23 May 2024, silver was around $29.67 per troy ounce, so the close of $30.28 is a gain of 2.1% over the week.
A month before 23 May 2024, silver was around $27.33 per troy ounce, so the close of $30.28 is a gain of 10.8% over the month.
A year before 23 May 2024, silver was around $23.47 per troy ounce. The close of $30.28 therefore represents a rise of 29.0% over twelve months.
This close was session 3 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 37.67% below the highest close on record up to that date, which was set on 2011-04-29.