Silver Price in May 2020
In May 2020, silver rose 23.8%, from $14.90 at the end of April to $18.44 per troy ounce on May 29, 2020. The highest close was $18.44 on May 29, 2020, the lowest $14.72 on May 4, 2020, and the average over 20 trading days was $16.55. Today's price is 207.1% higher than the May 2020 close.
Silver price chart, May 2020
US dollars per troy ounce · daily closeDaily Silver Prices, May 2020
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 | $14.86 | −0.23% | $0.48 | ₹36,183 | AED 1,755.17 |
| May 4Mon | $14.72 | −0.95% | $0.47 | ₹35,783 | AED 1,738.28 |
| May 5Tue | $15.06 | +2.28% | $0.48 | ₹36,719 | AED 1,777.69 |
| May 6Wed | $14.99 | −0.46% | $0.48 | ₹36,702 | AED 1,769.38 |
| May 7Thu | $15.56 | +3.84% | $0.50 | ₹38,101 | AED 1,837.26 |
| May 8Fri | $15.74 | +1.14% | $0.51 | ₹38,500 | AED 1,858.33 |
| May 11Mon | $15.64 | −0.66% | $0.50 | ₹37,967 | AED 1,846.20 |
| May 12Tue | $15.69 | +0.33% | $0.50 | ₹38,487 | AED 1,852.07 |
| May 13Wed | $15.66 | −0.15% | $0.50 | ₹38,111 | AED 1,849.19 |
| May 14Thu | $16.14 | +3.02% | $0.52 | ₹39,130 | AED 1,905.50 |
| May 15Fri | $17.05 | +5.64% | $0.55 | ₹41,369 | AED 2,012.46 |
| May 18Mon | $17.46 | +2.45% | $0.56 | ₹42,571 | AED 2,062.15 |
| May 19Tue | $17.89 | +2.45% | $0.58 | ₹43,488 | AED 2,112.40 |
| May 20Wed | $18.00 | +0.61% | $0.58 | ₹43,987 | AED 2,125.33 |
| May 21Thu | $17.34 | −3.71% | $0.56 | ₹42,235 | AED 2,046.64 |
| May 22Fri | $17.66 | +1.90% | $0.57 | ₹42,948 | AED 2,085.48 |
| May 26Tue | $17.57 | −0.56% | $0.56 | ₹42,981 | AED 2,073.79 |
| May 27Wed | $17.69 | +0.69% | $0.57 | ₹43,113 | AED 2,088.08 |
| May 28Thu | $17.90 | +1.18% | $0.58 | ₹43,800 | AED 2,113.16 |
| May 29Fri | $18.44 | +3.05% | $0.59 | ₹45,034 | AED 2,177.10 |
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 2020: FAQ
What was the price of silver in May 2020?
Silver traded between $14.72 and $18.44 per troy ounce (daily closes) in May 2020, averaging $16.55. It closed the month at $18.44.
How much did silver go up in May 2020?
Silver rose 23.8%, from $14.90 to $18.44. The biggest daily rise was +5.6% on May 15, 2020 and the biggest fall −3.7% on May 21, 2020.
What was the silver price on May 1, 2020?
Silver closed at $14.86 per troy ounce on May 1, 2020, the first trading day of the month. 999 India, ₹ per kg: ₹36,183.
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.