Silver Price in May 2018
In May 2018, silver rose 0.6%, from $16.31 at the end of April to $16.40 per troy ounce on May 31, 2018. The highest close was $16.68 on May 10, 2018, the lowest $16.04 on May 1, 2018, and the average over 22 trading days was $16.42. Today's price is 248.5% higher than the May 2018 close.
Silver price chart, May 2018
US dollars per troy ounce · daily closeDaily Silver Prices, May 2018
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 | $16.04 | −1.67% | $0.52 | ₹34,266 | AED 1,893.83 |
| May 2Wed | $16.29 | +1.57% | $0.52 | ₹34,982 | AED 1,923.75 |
| May 3Thu | $16.36 | +0.44% | $0.53 | ₹35,287 | AED 1,931.76 |
| May 4Fri | $16.43 | +0.44% | $0.53 | ₹35,221 | AED 1,940.16 |
| May 7Mon | $16.41 | −0.13% | $0.53 | ₹35,255 | AED 1,938.00 |
| May 8Tue | $16.39 | −0.15% | $0.53 | ₹35,364 | AED 1,934.83 |
| May 9Wed | $16.46 | +0.43% | $0.53 | ₹35,538 | AED 1,943.10 |
| May 10Thu | $16.68 | +1.35% | $0.54 | ₹36,263 | AED 1,969.31 |
| May 11Fri | $16.68 | −0.02% | $0.54 | ₹36,131 | AED 1,968.83 |
| May 14Mon | $16.57 | −0.64% | $0.53 | ₹35,897 | AED 1,956.53 |
| May 15Tue | $16.19 | −2.27% | $0.52 | ₹35,236 | AED 1,911.82 |
| May 16Wed | $16.30 | +0.64% | $0.52 | ₹35,870 | AED 1,924.04 |
| May 17Thu | $16.41 | +0.71% | $0.53 | ₹35,915 | AED 1,937.78 |
| May 18Fri | $16.39 | −0.16% | $0.53 | ₹35,900 | AED 1,934.71 |
| May 21Mon | $16.45 | +0.40% | $0.53 | ₹35,955 | AED 1,942.60 |
| May 22Tue | $16.51 | +0.34% | $0.53 | ₹36,303 | AED 1,948.95 |
| May 23Wed | $16.34 | −1.03% | $0.53 | ₹35,945 | AED 1,928.93 |
| May 24Thu | $16.62 | +1.73% | $0.53 | ₹36,685 | AED 1,962.29 |
| May 25Fri | $16.48 | −0.84% | $0.53 | ₹36,169 | AED 1,945.81 |
| May 29Tue | $16.31 | −1.07% | $0.52 | ₹35,334 | AED 1,925.03 |
| May 30Wed | $16.48 | +1.07% | $0.53 | ₹36,096 | AED 1,945.58 |
| May 31Thu | $16.40 | −0.47% | $0.53 | ₹35,558 | AED 1,936.49 |
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 2018: FAQ
What was the price of silver in May 2018?
Silver traded between $16.04 and $16.68 per troy ounce (daily closes) in May 2018, averaging $16.42. It closed the month at $16.40.
How much did silver go up in May 2018?
Silver rose 0.6%, from $16.31 to $16.40. The biggest daily rise was +1.7% on May 24, 2018 and the biggest fall −2.3% on May 15, 2018.
What was the silver price on May 1, 2018?
Silver closed at $16.04 per troy ounce on May 1, 2018, the first trading day of the month. 999 India, ₹ per kg: ₹34,266.
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.