Distance from the record
This close sat 42.08% 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 24 May 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $28.14 per troy ounce on 24 May 2012, up $0.634 (2.30%) from the previous close of $27.51.
This was a 2.30% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This close sat 42.08% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $36.12, making this a -22.09% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $28.14 per troy ounce on 24 May 2012. That is $0.63 higher than the previous close of $27.51, a move of 2.30%.
The silver price rose on 24 May 2012, gaining $0.63 (2.30%) against the previous session's close of $27.51.
At $28.14 per troy ounce, one gram of pure silver was worth about $0.90 on 24 May 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 55.3 on 24 May 2012, meaning one ounce of gold was worth roughly 55.3 ounces of silver.
A month before 24 May 2012, silver was around $30.74 per troy ounce, so the close of $28.14 is a loss of 8.5% over the month.
A year before 24 May 2012, silver was around $36.12 per troy ounce. The close of $28.14 therefore represents a fall of 22.1% over twelve months.
It closed 42.08% below the highest close on record up to that date, which was set on 2011-04-29.