Distance from the record
This close sat 64.03% 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 3 May 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $17.47 per troy ounce on 3 May 2016, down $0.182 (1.03%) from the previous close of $17.66.
This close sat 64.03% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.68, making this a +4.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.47 per troy ounce on 3 May 2016. That is $0.18 lower than the previous close of $17.66, a move of -1.03%.
The silver price fell on 3 May 2016, losing $0.18 (1.03%) against the previous session's close of $17.66.
At $17.47 per troy ounce, one gram of pure silver was worth about $0.56 on 3 May 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 73.9 on 3 May 2016, meaning one ounce of gold was worth roughly 73.9 ounces of silver.
A week before 3 May 2016, silver was around $17.11 per troy ounce, so the close of $17.47 is a gain of 2.2% over the week.
It closed 64.03% below the highest close on record up to that date, which was set on 2011-04-29.