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 31 May 2022, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 18 May 2022
Silver closed at $21.65 per troy ounce on 31 May 2022, down $0.409 (1.85%) from the previous close of $22.06.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 55.44% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $27.99, making this a -22.66% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $21.65 per troy ounce on 31 May 2022. That is $0.41 lower than the previous close of $22.06, a move of -1.85%.
The silver price fell on 31 May 2022, losing $0.41 (1.85%) against the previous session's close of $22.06.
At $21.65 per troy ounce, one gram of pure silver was worth about $0.70 on 31 May 2022. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 85.1 on 31 May 2022, meaning one ounce of gold was worth roughly 85.1 ounces of silver.
A month before 31 May 2022, silver was around $23.04 per troy ounce, so the close of $21.65 is a loss of 6.0% over the month.
A year before 31 May 2022, silver was around $27.99 per troy ounce. The close of $21.65 therefore represents a fall of 22.7% over twelve months.
It closed 55.44% below the highest close on record up to that date, which was set on 2011-04-29.