Silver ranged between $23.47 and $23.47 per troy ounce during May 2023, averaging $23.47 across 1 trading day. It finished the period at $23.47, down 6.10% from $25.00.
The strongest session of May 2023 was 1 May 2023 at -6.10%, and the weakest 1 May 2023 at -6.10%.
Twelve months earlier silver traded around $23.04, making this a +1.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver finished May 2023 at $23.47 per troy ounce, having fallen $1.52 (6.10%) over the month. It has traded between $23.47 and $23.47 across 1 trading day.
The average silver closing price in May 2023 was $23.47 per troy ounce, calculated across all 1 trading day in the month.
Silver reached its highest close of May 2023 at $23.47 per troy ounce on 1 May 2023.
The lowest silver close in May 2023 was $23.47 per troy ounce on 1 May 2023.
Silver fell during May 2023. It entered the month at $25.00 and closed at $23.47, a change of -6.10%.
Silver closed higher on 0 sessions and lower on 1 during May 2023. The strongest session was 1 May 2023 (-6.10%) and the weakest 1 May 2023 (-6.10%).
Daily closes in May 2023 varied with a standard deviation of 0.00% per session, and the peak-to-trough spread across the month was 0.0% ($23.47 to $23.47).
At the May 2023 close of $23.47 per troy ounce, silver worked out at about $0.75 per gram and $754.71 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 83.7 through May 2023 and finished the month near 83.7. A higher ratio means silver is cheap relative to gold.
Silver was around $23.04 per troy ounce twelve months before the end of May 2023. Closing at $23.47 makes that a gain of 1.9% year on year.