Silver Price in May 2011
In May 2011, silver fell 21.2%, from $48.58 at the end of April to $38.30 per troy ounce on May 31, 2011. The highest close was $46.08 on May 2, 2011, the lowest $33.49 on May 17, 2011, and the average over 21 trading days was $36.92. Today's price is 49.0% higher than the May 2011 close.
Silver price chart, May 2011
US dollars per troy ounce · daily closeDaily Silver Prices, May 2011
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 2Mon | $46.08 | −5.16% | $1.48 | ₹65,551 | AED 5,441.04 |
| May 3Tue | $42.58 | −7.60% | $1.37 | ₹60,531 | AED 5,027.51 |
| May 4Wed | $39.38 | −7.50% | $1.27 | ₹56,232 | AED 4,650.47 |
| May 5Thu | $36.23 | −8.00% | $1.16 | ₹51,626 | AED 4,278.39 |
| May 6Fri | $35.28 | −2.62% | $1.13 | ₹50,707 | AED 4,166.33 |
| May 9Mon | $37.11 | +5.18% | $1.19 | ₹53,360 | AED 4,382.07 |
| May 10Tue | $38.48 | +3.69% | $1.24 | ₹55,190 | AED 4,543.84 |
| May 11Wed | $35.51 | −7.72% | $1.14 | ₹50,929 | AED 4,193.02 |
| May 12Thu | $34.79 | −2.02% | $1.12 | ₹49,868 | AED 4,108.58 |
| May 13Fri | $35.01 | +0.63% | $1.13 | ₹50,327 | AED 4,134.21 |
| May 16Mon | $34.13 | −2.52% | $1.10 | ₹49,221 | AED 4,030.06 |
| May 17Tue | $33.49 | −1.88% | $1.08 | ₹48,407 | AED 3,954.37 |
| May 18Wed | $35.09 | +4.80% | $1.13 | ₹50,785 | AED 4,144.01 |
| May 19Thu | $34.93 | −0.48% | $1.12 | ₹50,487 | AED 4,124.29 |
| May 20Fri | $35.08 | +0.44% | $1.13 | ₹50,587 | AED 4,142.60 |
| May 23Mon | $34.90 | −0.52% | $1.12 | ₹50,486 | AED 4,121.34 |
| May 24Tue | $36.12 | +3.50% | $1.16 | ₹52,433 | AED 4,265.40 |
| May 25Wed | $37.64 | +4.21% | $1.21 | ₹54,651 | AED 4,444.65 |
| May 26Thu | $37.33 | −0.83% | $1.20 | ₹54,279 | AED 4,407.58 |
| May 27Fri | $37.86 | +1.42% | $1.22 | ₹55,002 | AED 4,470.28 |
| May 31Tue | $38.30 | +1.18% | $1.23 | ₹55,518 | AED 4,522.94 |
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 2011: FAQ
What was the price of silver in May 2011?
Silver traded between $33.49 and $46.08 per troy ounce (daily closes) in May 2011, averaging $36.92. It closed the month at $38.30.
How much did silver go down in May 2011?
Silver fell 21.2%, from $48.58 to $38.30. The biggest daily rise was +5.2% on May 9, 2011 and the biggest fall −8.0% on May 5, 2011.
What was the silver price on May 2, 2011?
Silver closed at $46.08 per troy ounce on May 2, 2011, the first trading day of the month. 999 India, ₹ per kg: ₹65,551.
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.