Silver Price in May 2009
In May 2009, silver rose 26.8%, from $12.31 at the end of April to $15.60 per troy ounce on May 29, 2009. The highest close was $15.60 on May 29, 2009, the lowest $12.48 on May 1, 2009, and the average over 20 trading days was $14.11. Today's price is 246.2% higher than the May 2009 close.
- Silver rose 26.8% in US dollars in May 2009, leaving it up 38.4% for the year to date.
- Measured in other currencies, the change ranged from +15.0% in AUD to +27.7% in PKR, because exchange rates moved too.
- It did better than gold (+9.9%) and US stocks (+5.6%).
- It closed higher on 14 trading days and lower on 6, with an average daily move of 1.64%.
- At the end of the month it was 24.6% below its highest close since 2000.
- Gold/silver ratio: 72.4 → 62.7.
Silver price chart, May 2009
US dollars per troy ounce · daily closeSilver in other currencies, May 2009
| Currency | Change in the month |
|---|---|
| PKR | +27.7% |
| CNY | +26.9% |
| JPY | +22.6% |
| TRY | +21.8% |
| INR | +21.1% |
| MXN | +20.3% |
| ZAR | +19.0% |
| EUR | +18.5% |
| CAD | +15.9% |
| GBP | +15.8% |
| AUD | +15.0% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes silver rise more in local terms.
Silver vs other assets, May 2009
| Asset | Change (USD) |
|---|---|
| Silver | +26.8% |
| Gold | +9.9% |
| S&P 500 (with dividends) | +5.6% |
| US inflation (CPI, month) | +0.29% |
| Silver, year to date (end of May) | +38.4% |
| Gold/silver ratio | 72.4 → 62.7 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, May 2009
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 1Fri | $12.48 | +1.42% | $0.40 | ₹19,738 | AED 1,473.68 |
| May 4Mon | $13.09 | +4.91% | $0.42 | ₹20,883 | AED 1,545.77 |
| May 5Tue | $13.40 | +2.36% | $0.43 | ₹21,247 | AED 1,581.78 |
| May 6Wed | $13.69 | +2.16% | $0.44 | ₹21,706 | AED 1,616.00 |
| May 7Thu | $14.01 | +2.34% | $0.45 | ₹22,160 | AED 1,653.77 |
| May 8Fri | $13.94 | −0.55% | $0.45 | ₹22,020 | AED 1,645.45 |
| May 11Mon | $13.89 | −0.32% | $0.45 | ₹22,013 | AED 1,639.86 |
| May 12Tue | $14.20 | +2.20% | $0.46 | ₹22,487 | AED 1,675.37 |
| May 13Wed | $14.00 | −1.37% | $0.45 | ₹22,294 | AED 1,652.36 |
| May 14Thu | $14.02 | +0.14% | $0.45 | ₹22,427 | AED 1,654.72 |
| May 15Fri | $13.99 | −0.21% | $0.45 | ₹22,225 | AED 1,651.98 |
| May 18Mon | $13.81 | −1.29% | $0.44 | ₹21,129 | AED 1,629.93 |
| May 19Tue | $14.11 | +2.17% | $0.45 | ₹21,516 | AED 1,665.34 |
| May 20Wed | $14.27 | +1.13% | $0.46 | ₹21,668 | AED 1,684.22 |
| May 21Thu | $14.44 | +1.16% | $0.46 | ₹21,920 | AED 1,703.46 |
| May 22Fri | $14.68 | +1.72% | $0.47 | ₹22,256 | AED 1,732.73 |
| May 26Tue | $14.59 | −0.65% | $0.47 | ₹22,290 | AED 1,721.75 |
| May 27Wed | $14.85 | +1.82% | $0.48 | ₹22,687 | AED 1,753.03 |
| May 28Thu | $15.15 | +2.00% | $0.49 | ₹23,144 | AED 1,788.08 |
| May 29Fri | $15.60 | +2.97% | $0.50 | ₹23,557 | AED 1,840.95 |
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 2009: FAQ
What was the price of silver in May 2009?
Silver traded between $12.48 and $15.60 per troy ounce (daily closes) in May 2009, averaging $14.11. It closed the month at $15.60.
How much did silver go up in May 2009?
Silver rose 26.8%, from $12.31 to $15.60. The biggest daily rise was +4.9% on May 4, 2009 and the biggest fall −1.4% on May 13, 2009.
What was the silver price on May 1, 2009?
Silver closed at $12.48 per troy ounce on May 1, 2009, the first trading day of the month. 999 India, ₹ per kg: ₹19,738.
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.
How much did silver change in rupees in May 2009?
Silver rose 21.1% in Indian rupee terms in May 2009, compared with +26.8% in US dollars.
Did silver beat stocks in May 2009?
Yes. Silver was +26.8% for the month, against +5.6% for the S&P 500 with dividends.
Did silver keep up with inflation in May 2009?
US consumer prices (CPI) changed +0.29% in May, so silver's real (inflation-adjusted) change was about +26.4%.