Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 29 May 2020, not the current price.See today's silver price (11 September 2026)
Highest closing price since 24 February 2020
Silver closed at $18.44 per troy ounce on 29 May 2020, up $0.545 (3.05%) from the previous close of $17.90.
Notable session: highest close of the month; moved more than 3% in a session.
This was a 3.05% 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.
No earlier session that month closed above this level.
This close sat 62.05% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $14.37, making this a +28.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $18.44 per troy ounce on 29 May 2020. That is $0.55 higher than the previous close of $17.90, a move of 3.05%.
The silver price rose on 29 May 2020, gaining $0.55 (3.05%) against the previous session's close of $17.90.
At $18.44 per troy ounce, one gram of pure silver was worth about $0.59 on 29 May 2020. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 94.2 on 29 May 2020, meaning one ounce of gold was worth roughly 94.2 ounces of silver.
A week before 29 May 2020, silver was around $17.66 per troy ounce, so the close of $18.44 is a gain of 4.4% over the week.
A month before 29 May 2020, silver was around $15.16 per troy ounce, so the close of $18.44 is a gain of 21.6% over the month.
A year before 29 May 2020, silver was around $14.37 per troy ounce. The close of $18.44 therefore represents a rise of 28.3% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 62.05% below the highest close on record up to that date, which was set on 2011-04-29.
The most recent higher close was about 3 months earlier — 66 trading sessions before this one.