Distance from the record
This close sat 39.90% 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 9 May 2012, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 9 January 2012
Silver closed at $29.20 per troy ounce on 9 May 2012, down $0.217 (0.74%) from the previous close of $29.41.
This close extended a run of 3 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 close sat 39.90% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $37.11, making this a -21.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $29.20 per troy ounce on 9 May 2012. That is $0.22 lower than the previous close of $29.41, a move of -0.74%.
The silver price fell on 9 May 2012, losing $0.22 (0.74%) against the previous session's close of $29.41.
At $29.20 per troy ounce, one gram of pure silver was worth about $0.94 on 9 May 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 54.6 on 9 May 2012, meaning one ounce of gold was worth roughly 54.6 ounces of silver.
A week before 9 May 2012, silver was around $30.59 per troy ounce, so the close of $29.20 is a loss of 4.6% over the week.
A month before 9 May 2012, silver was around $31.51 per troy ounce, so the close of $29.20 is a loss of 7.3% over the month.
A year before 9 May 2012, silver was around $37.11 per troy ounce. The close of $29.20 therefore represents a fall of 21.3% over twelve months.
This close was session 3 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 39.90% below the highest close on record up to that date, which was set on 2011-04-29.