Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 8 May 2020, not the current price.See today's silver price (11 September 2026)
Highest closing price since 14 April 2020
Silver closed at $15.74 per troy ounce on 8 May 2020, up $0.178 (1.14%) from the previous close of $15.56.
No earlier session that month closed above this level.
This close sat 67.60% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $14.79, making this a +6.41% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $15.74 per troy ounce on 8 May 2020. That is $0.18 higher than the previous close of $15.56, a move of 1.14%.
The silver price rose on 8 May 2020, gaining $0.18 (1.14%) against the previous session's close of $15.56.
At $15.74 per troy ounce, one gram of pure silver was worth about $0.51 on 8 May 2020. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 108.6 on 8 May 2020, meaning one ounce of gold was worth roughly 108.6 ounces of silver.
A week before 8 May 2020, silver was around $14.90 per troy ounce, so the close of $15.74 is a gain of 5.7% over the week.
It closed 67.60% below the highest close on record up to that date, which was set on 2011-04-29.