Silver Price in May 2006
In May 2006, silver fell 8.2%, from $13.51 at the end of April to $12.40 per troy ounce on May 31, 2006. The highest close was $14.85 on May 11, 2006, the lowest $12.28 on May 19, 2006, and the average over 22 trading days was $13.34. Today's price is 361.2% higher than the May 2006 close.
Silver price chart, May 2006
US dollars per troy ounce · daily closeDaily Silver Prices, May 2006
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 999 India, ₹ per kg | UAE, AED per kg |
|---|---|---|---|---|---|
| May 1Mon | $13.85 | +2.53% | $0.45 | ₹19,934 | AED 1,635.33 |
| May 2Tue | $14.11 | +1.86% | $0.45 | ₹20,323 | AED 1,665.57 |
| May 3Wed | $13.70 | −2.88% | $0.44 | ₹19,739 | AED 1,617.77 |
| May 4Thu | $13.74 | +0.23% | $0.44 | ₹19,823 | AED 1,621.30 |
| May 5Fri | $13.79 | +0.41% | $0.44 | ₹19,852 | AED 1,628.56 |
| May 8Mon | $13.68 | −0.83% | $0.44 | ₹19,682 | AED 1,614.63 |
| May 9Tue | $14.37 | +5.10% | $0.46 | ₹20,690 | AED 1,697.33 |
| May 10Wed | $14.19 | −1.27% | $0.46 | ₹20,445 | AED 1,680.28 |
| May 11Thu | $14.85 | +4.62% | $0.48 | ₹21,393 | AED 1,752.59 |
| May 12Fri | $14.15 | −4.72% | $0.45 | ₹20,387 | AED 1,669.95 |
| May 15Mon | $13.25 | −6.36% | $0.43 | ₹19,270 | AED 1,563.62 |
| May 16Tue | $13.45 | +1.56% | $0.43 | ₹19,460 | AED 1,588.02 |
| May 17Wed | $13.16 | −2.19% | $0.42 | ₹18,877 | AED 1,553.20 |
| May 18Thu | $12.44 | −5.47% | $0.40 | ₹18,154 | AED 1,468.12 |
| May 19Fri | $12.28 | −1.29% | $0.39 | ₹17,879 | AED 1,449.23 |
| May 22Mon | $12.36 | +0.64% | $0.40 | ₹17,990 | AED 1,458.12 |
| May 23Tue | $13.10 | +6.03% | $0.42 | ₹19,113 | AED 1,545.96 |
| May 24Wed | $12.45 | −4.96% | $0.40 | ₹18,285 | AED 1,469.54 |
| May 25Thu | $12.54 | +0.72% | $0.40 | ₹18,453 | AED 1,480.16 |
| May 26Fri | $12.68 | +1.08% | $0.41 | ₹18,646 | AED 1,496.09 |
| May 30Tue | $13.01 | +2.67% | $0.42 | ₹19,279 | AED 1,536.03 |
| May 31Wed | $12.40 | −4.73% | $0.40 | ₹18,400 | AED 1,463.36 |
How May usually goes for silver
In the 20 years from 2006 to 2025, silver rose in May 9 times out of 20, with an average move of +0.3% and a median of −0.7%.
Silver in May 2006: FAQ
What was the price of silver in May 2006?
Silver traded between $12.28 and $14.85 per troy ounce (daily closes) in May 2006, averaging $13.34. It closed the month at $12.40.
How much did silver go down in May 2006?
Silver fell 8.2%, from $13.51 to $12.40. The biggest daily rise was +6.0% on May 23, 2006 and the biggest fall −6.4% on May 15, 2006.
What was the silver price on May 1, 2006?
Silver closed at $13.85 per troy ounce on May 1, 2006, the first trading day of the month. 999 India, ₹ per kg: ₹19,934.
Is May usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in May 9 times out of 20, with an average move of +0.3% and a median of −0.7%. Past seasonal patterns are not a reliable guide to any single year.