Loading…
This page is a historical record of the silver price in May 2011, not the current price.See today's silver price (11 September 2026)
Silver ranged between $33.49 and $46.08 per troy ounce during May 2011, averaging $36.92 across 21 trading days. It finished the period at $38.30, down 21.16% from $48.58.
The strongest session of May 2011 was 9 May 2011 at +5.18%, and the weakest 5 May 2011 at -8.00%.
Twelve months earlier silver traded around $18.41, making this a +108.04% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 2 May 2011 | $46.08 | −$2.506 |
| 3 May 2011 | $42.58 | −$3.502 |
| 4 May 2011 | $39.38 | −$3.193 |
| 5 May 2011 | $36.23 | −$3.152 |
| 6 May 2011 | $35.28 | −$0.948 |
| 9 May 2011 | $37.11 | +$1.827 |
| 10 May 2011 | $38.48 | +$1.370 |
| 11 May 2011 | $35.51 | −$2.971 |
| 12 May 2011 | $34.79 | −$0.716 |
| 13 May 2011 | $35.01 | +$0.218 |
| 16 May 2011 | $34.13 | −$0.882 |
| 17 May 2011 | $33.49 | −$0.641 |
| 18 May 2011 | $35.09 | +$1.606 |
| 19 May 2011 | $34.93 | −$0.167 |
| 20 May 2011 | $35.08 | +$0.155 |
| 23 May 2011 | $34.90 | −$0.181 |
| 24 May 2011 | $36.12 | +$1.220 |
| 25 May 2011 | $37.64 | +$1.519 |
| 26 May 2011 | $37.33 | −$0.314 |
| 27 May 2011 | $37.86 | +$0.531 |
| 31 May 2011 | $38.30 | +$0.446 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Silver finished May 2011 at $38.30 per troy ounce, having fallen $10.28 (21.16%) over the month. It has traded between $33.49 and $46.08 across 21 trading days.
The average silver closing price in May 2011 was $36.92 per troy ounce, calculated across all 21 trading days in the month.
Silver reached its highest close of May 2011 at $46.08 per troy ounce on 2 May 2011.
The lowest silver close in May 2011 was $33.49 per troy ounce on 17 May 2011.
Silver fell during May 2011. It entered the month at $48.58 and closed at $38.30, a change of -21.16%.
Silver closed higher on 9 sessions and lower on 12 during May 2011. The strongest session was 9 May 2011 (+5.18%) and the weakest 5 May 2011 (-8.00%).
Daily closes in May 2011 varied with a standard deviation of 4.25% per session, and the peak-to-trough spread across the month was 37.6% ($33.49 to $46.08).
At the May 2011 close of $38.30 per troy ounce, silver worked out at about $1.23 per gram and $1,231.47 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 41.1 through May 2011 and finished the month near 40.1. A higher ratio means silver is cheap relative to gold.
Silver was around $18.41 per troy ounce twelve months before the end of May 2011. Closing at $38.30 makes that a gain of 108.0% year on year.