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 8 May 2017, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 30 December 2016
Silver closed at $16.20 per troy ounce on 8 May 2017, down $0.016 (0.10%) from the previous close of $16.22.
This close extended a run of 5 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 66.66% 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 -7.47% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.20 per troy ounce on 8 May 2017. That is $0.02 lower than the previous close of $16.22, a move of -0.10%.
The silver price fell on 8 May 2017, losing $0.02 (0.10%) against the previous session's close of $16.22.
At $16.20 per troy ounce, one gram of pure silver was worth about $0.52 on 8 May 2017. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 75.6 on 8 May 2017, meaning one ounce of gold was worth roughly 75.6 ounces of silver.
A week before 8 May 2017, silver was around $17.37 per troy ounce, so the close of $16.20 is a loss of 6.7% over the week.
A month before 8 May 2017, silver was around $18.13 per troy ounce, so the close of $16.20 is a loss of 10.7% over the month.
This close was session 5 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 66.66% below the highest close on record up to that date, which was set on 2011-04-29.