Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 24 May 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $12.45 per troy ounce on 24 May 2006, up $0.095 (0.77%) from the previous close of $12.35.
This was the strongest close of the week up to that point.
This close sat 16.14% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $6.988, making this a +78.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.45 per troy ounce on 24 May 2006. That is $0.10 higher than the previous close of $12.35, a move of 0.77%.
The silver price rose on 24 May 2006, gaining $0.10 (0.77%) against the previous session's close of $12.35.
At $12.45 per troy ounce, one gram of pure silver was worth about $0.40 on 24 May 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 51.2 on 24 May 2006, meaning one ounce of gold was worth roughly 51.2 ounces of silver.
A week before 24 May 2006, silver was around $13.16 per troy ounce, so the close of $12.45 is a loss of 5.4% over the week.
A month before 24 May 2006, silver was around $11.77 per troy ounce, so the close of $12.45 is a gain of 5.8% over the month.
A year before 24 May 2006, silver was around $6.99 per troy ounce. The close of $12.45 therefore represents a rise of 78.2% over twelve months.
It closed 16.14% below the highest close on record up to that date, which was set on 2006-05-11.