Distance from the record
This close sat 18.94% 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 4 May 2011, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 5 April 2011
Silver closed at $39.38 per troy ounce on 4 May 2011, down $3.193 (7.50%) from the previous close of $42.58.
Notable session: moved more than 3% in a session.
Silver lost 7.50% 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 close sat 18.94% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $17.82, making this a +121.03% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $39.38 per troy ounce on 4 May 2011. That is $3.19 lower than the previous close of $42.58, a move of -7.50%.
The silver price fell on 4 May 2011, losing $3.19 (7.50%) against the previous session's close of $42.58.
At $39.38 per troy ounce, one gram of pure silver was worth about $1.27 on 4 May 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 38.5 on 4 May 2011, meaning one ounce of gold was worth roughly 38.5 ounces of silver.
A week before 4 May 2011, silver was around $45.96 per troy ounce, so the close of $39.38 is a loss of 14.3% over the week.
A year before 4 May 2011, silver was around $17.82 per troy ounce. The close of $39.38 therefore represents a rise of 121.0% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 18.94% below the highest close on record up to that date, which was set on 2011-04-29.