Distance from the record
This close sat 13.43% below the highest silver close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the silver price in 24 May 2007, not the current price.See today's silver price (11 September 2026)
Silver closed at $12.85 per troy ounce on 24 May 2007, down $0.183 (1.40%) from the previous close of $13.03.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 13.43% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $12.45, making this a +3.23% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.85 per troy ounce on 24 May 2007. That is $0.18 lower than the previous close of $13.03, a move of -1.40%.
The silver price fell on 24 May 2007, losing $0.18 (1.40%) against the previous session's close of $13.03.
At $12.85 per troy ounce, one gram of pure silver was worth about $0.41 on 24 May 2007. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 50.8 on 24 May 2007, meaning one ounce of gold was worth roughly 50.8 ounces of silver.
A month before 24 May 2007, silver was around $13.77 per troy ounce, so the close of $12.85 is a loss of 6.7% over the month.
It closed 13.43% below the highest close on record up to that date, which was set on 2006-05-11.