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 2023, not the current price.See today's silver price (11 September 2026)
Silver closed at $25.64 per troy ounce on 8 May 2023, down $0.107 (0.42%) from the previous close of $25.74.
This was the strongest close of the week up to that point.
This close sat 47.23% below the highest silver close recorded up to that date, set on 2011-04-29.
One of the ten highest silver closes of that year, ranking 5 of 246 sessions.
Twelve months earlier silver traded around $22.33, making this a +14.83% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $25.64 per troy ounce on 8 May 2023. That is $0.11 lower than the previous close of $25.74, a move of -0.42%.
The silver price fell on 8 May 2023, losing $0.11 (0.42%) against the previous session's close of $25.74.
At $25.64 per troy ounce, one gram of pure silver was worth about $0.82 on 8 May 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 79.0 on 8 May 2023, meaning one ounce of gold was worth roughly 79.0 ounces of silver.
A week before 8 May 2023, silver was around $25.00 per troy ounce, so the close of $25.64 is a gain of 2.5% over the week.
A year before 8 May 2023, silver was around $22.33 per troy ounce. The close of $25.64 therefore represents a rise of 14.8% over twelve months.
It closed 47.23% below the highest close on record up to that date, which was set on 2011-04-29.