Silver Price in May 2012
In May 2012, silver fell 10.4%, from $30.96 at the end of April to $27.74 per troy ounce on May 31, 2012. The highest close was $30.88 on May 1, 2012, the lowest $27.17 on May 16, 2012, and the average over 22 trading days was $28.76. Today's price is 106.2% higher than the May 2012 close.
Silver price chart, May 2012
US dollars per troy ounce · daily closeDaily Silver Prices, May 2012
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 1Tue | $30.88 | −0.26% | $0.99 | ₹52,275 | AED 3,646.16 |
| May 2Wed | $30.59 | −0.92% | $0.98 | ₹51,666 | AED 3,611.62 |
| May 3Thu | $29.96 | −2.07% | $0.96 | ₹51,009 | AED 3,536.89 |
| May 4Fri | $30.38 | +1.41% | $0.98 | ₹52,166 | AED 3,586.59 |
| May 7Mon | $30.07 | −1.01% | $0.97 | ₹51,695 | AED 3,550.23 |
| May 8Tue | $29.41 | −2.19% | $0.95 | ₹50,029 | AED 3,472.54 |
| May 9Wed | $29.20 | −0.74% | $0.94 | ₹49,862 | AED 3,446.93 |
| May 10Thu | $29.14 | −0.21% | $0.94 | ₹50,414 | AED 3,439.72 |
| May 11Fri | $28.86 | −0.95% | $0.93 | ₹49,408 | AED 3,407.00 |
| May 14Mon | $28.32 | −1.87% | $0.91 | ₹48,827 | AED 3,343.27 |
| May 15Tue | $28.05 | −0.94% | $0.90 | ₹48,668 | AED 3,311.99 |
| May 16Wed | $27.17 | −3.15% | $0.87 | ₹46,986 | AED 3,207.62 |
| May 17Thu | $28.00 | +3.04% | $0.90 | ₹49,044 | AED 3,305.14 |
| May 18Fri | $28.69 | +2.49% | $0.92 | ₹50,249 | AED 3,387.54 |
| May 21Mon | $28.30 | −1.36% | $0.91 | ₹49,520 | AED 3,341.59 |
| May 22Tue | $28.17 | −0.49% | $0.91 | ₹49,829 | AED 3,325.18 |
| May 23Wed | $27.51 | −2.33% | $0.88 | ₹48,985 | AED 3,247.62 |
| May 24Thu | $28.14 | +2.30% | $0.90 | ₹50,662 | AED 3,323.19 |
| May 25Fri | $28.37 | +0.81% | $0.91 | ₹50,677 | AED 3,349.29 |
| May 29Tue | $27.77 | −2.13% | $0.89 | ₹49,429 | AED 3,278.10 |
| May 30Wed | $27.96 | +0.70% | $0.90 | ₹50,045 | AED 3,301.12 |
| May 31Thu | $27.74 | −0.79% | $0.89 | ₹50,149 | AED 3,275.03 |
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 2012: FAQ
What was the price of silver in May 2012?
Silver traded between $27.17 and $30.88 per troy ounce (daily closes) in May 2012, averaging $28.76. It closed the month at $27.74.
How much did silver go down in May 2012?
Silver fell 10.4%, from $30.96 to $27.74. The biggest daily rise was +3.0% on May 17, 2012 and the biggest fall −3.2% on May 16, 2012.
What was the silver price on May 1, 2012?
Silver closed at $30.88 per troy ounce on May 1, 2012, the first trading day of the month. 999 India, ₹ per kg: ₹52,275.
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.