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 29 May 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $27.77 per troy ounce on 29 May 2012, down $0.603 (2.13%) from the previous close of $28.37.
Silver lost 2.13% 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 was the strongest close of the week up to that point.
This close sat 42.85% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $37.86, making this a -26.65% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $27.77 per troy ounce on 29 May 2012. That is $0.60 lower than the previous close of $28.37, a move of -2.13%.
The silver price fell on 29 May 2012, losing $0.60 (2.13%) against the previous session's close of $28.37.
At $27.77 per troy ounce, one gram of pure silver was worth about $0.89 on 29 May 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 55.8 on 29 May 2012, meaning one ounce of gold was worth roughly 55.8 ounces of silver.
A month before 29 May 2012, silver was around $31.35 per troy ounce, so the close of $27.77 is a loss of 11.4% over the month.
A year before 29 May 2012, silver was around $37.86 per troy ounce. The close of $27.77 therefore represents a fall of 26.7% over twelve months.
It closed 42.85% below the highest close on record up to that date, which was set on 2011-04-29.