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 7 May 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $30.07 per troy ounce on 7 May 2012, down $0.308 (1.01%) from the previous close of $30.38.
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 38.10% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $35.28, making this a -14.77% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $30.07 per troy ounce on 7 May 2012. That is $0.31 lower than the previous close of $30.38, a move of -1.01%.
The silver price fell on 7 May 2012, losing $0.31 (1.01%) against the previous session's close of $30.38.
At $30.07 per troy ounce, one gram of pure silver was worth about $0.97 on 7 May 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 54.5 on 7 May 2012, meaning one ounce of gold was worth roughly 54.5 ounces of silver.
A week before 7 May 2012, silver was around $30.96 per troy ounce, so the close of $30.07 is a loss of 2.9% over the week.
A month before 7 May 2012, silver was around $31.72 per troy ounce, so the close of $30.07 is a loss of 5.2% over the month.
A year before 7 May 2012, silver was around $35.28 per troy ounce. The close of $30.07 therefore represents a fall of 14.8% over twelve months.
It closed 38.10% below the highest close on record up to that date, which was set on 2011-04-29.