Distance from the record
This close sat 64.39% 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 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $17.30 per troy ounce on 5 May 2016, up $0.025 (0.14%) from the previous close of $17.28.
Silver barely moved, closing within 0.14% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 64.39% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.56, making this a +4.50% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.30 per troy ounce on 5 May 2016. That is $0.02 higher than the previous close of $17.28, a move of 0.14%.
The silver price rose on 5 May 2016, gaining $0.02 (0.14%) against the previous session's close of $17.28.
At $17.30 per troy ounce, one gram of pure silver was worth about $0.56 on 5 May 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 73.5 on 5 May 2016, meaning one ounce of gold was worth roughly 73.5 ounces of silver.
A month before 5 May 2016, silver was around $15.11 per troy ounce, so the close of $17.30 is a gain of 14.5% over the month.
It closed 64.39% below the highest close on record up to that date, which was set on 2011-04-29.