Distance from the record
This close sat 25.43% 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 5 May 2011, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 21 March 2011
Silver closed at $36.23 per troy ounce on 5 May 2011, down $3.152 (8.00%) from the previous close of $39.38.
Notable session: moved more than 3% in a session.
Silver lost 8.00% 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 25.43% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $17.51, making this a +106.90% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $36.23 per troy ounce on 5 May 2011. That is $3.15 lower than the previous close of $39.38, a move of -8.00%.
The silver price fell on 5 May 2011, losing $3.15 (8.00%) against the previous session's close of $39.38.
At $36.23 per troy ounce, one gram of pure silver was worth about $1.16 on 5 May 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 40.9 on 5 May 2011, meaning one ounce of gold was worth roughly 40.9 ounces of silver.
A week before 5 May 2011, silver was around $47.52 per troy ounce, so the close of $36.23 is a loss of 23.8% over the week.
A month before 5 May 2011, silver was around $39.17 per troy ounce, so the close of $36.23 is a loss of 7.5% over the month.
A year before 5 May 2011, silver was around $17.51 per troy ounce. The close of $36.23 therefore represents a rise of 106.9% over twelve months.
This close was session 4 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 25.43% below the highest close on record up to that date, which was set on 2011-04-29.