Distance from the record
This close sat 18.65% below the highest silver close recorded up to that date, set on 2008-03-05.
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This page is a historical record of the silver price in 30 May 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.83 per troy ounce on 30 May 2008, up $0.350 (2.12%) from the previous close of $16.48.
This was a 2.12% 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 18.65% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.15, making this a +27.91% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.83 per troy ounce on 30 May 2008. That is $0.35 higher than the previous close of $16.48, a move of 2.12%.
The silver price rose on 30 May 2008, gaining $0.35 (2.12%) against the previous session's close of $16.48.
At $16.83 per troy ounce, one gram of pure silver was worth about $0.54 on 30 May 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.7 on 30 May 2008, meaning one ounce of gold was worth roughly 52.7 ounces of silver.
A week before 30 May 2008, silver was around $18.24 per troy ounce, so the close of $16.83 is a loss of 7.8% over the week.
A year before 30 May 2008, silver was around $13.15 per troy ounce. The close of $16.83 therefore represents a rise of 27.9% over twelve months.
It closed 18.65% below the highest close on record up to that date, which was set on 2008-03-05.