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Silver Price in May 2022

In May 2022, silver fell 6.0%, from $23.04 at the end of April to $21.65 per troy ounce on May 31, 2022. The highest close was $22.62 on May 3, 2022, the lowest $20.76 on May 12, 2022, and the average over 21 trading days was $21.83. Today's price is 160.7% higher than the May 2022 close.

End of April
$23.04
Month-end close
$21.65
May 31
Change
−6.0%
High
$22.62
May 3
Low
$20.76
May 12
Average
$21.83
21 trading days

Silver price chart, May 2022

US dollars per troy ounce · daily close
$20.57$21.90$23.22Apr 29May 5May 10May 16May 19May 25May 31

Daily Silver Prices, May 2022

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram999 India, ₹ per kgUAE, AED per kg
May 2Mon$22.54−2.15% $0.72 ₹55,464AED 2,662.00
May 3Tue$22.62+0.34% $0.73 ₹55,655AED 2,670.65
May 4Wed$22.36−1.14% $0.72 ₹54,977AED 2,640.07
May 5Thu$22.40+0.17% $0.72 ₹54,735AED 2,644.56
May 6Fri$22.33−0.33% $0.72 ₹54,939AED 2,635.71
May 9Mon$21.78−2.43% $0.70 ₹53,894AED 2,571.95
May 10Tue$21.39−1.80% $0.69 ₹53,205AED 2,525.32
May 11Wed$21.55+0.75% $0.69 ₹53,537AED 2,544.21
May 12Thu$20.76−3.68% $0.67 ₹51,665AED 2,450.92
May 13Fri$20.98+1.09% $0.67 ₹52,248AED 2,477.39
May 16Mon$21.54+2.63% $0.69 ₹53,649AED 2,542.85
May 17Tue$21.74+0.94% $0.70 ₹54,375AED 2,566.29
May 18Wed$21.53−0.94% $0.69 ₹53,565AED 2,542.20
May 19Thu$21.90+1.70% $0.70 ₹54,788AED 2,585.29
May 20Fri$21.67−1.05% $0.70 ₹53,937AED 2,558.26
May 23Mon$21.72+0.25% $0.70 ₹54,349AED 2,564.98
May 24Tue$22.06+1.57% $0.71 ₹54,993AED 2,604.77
May 25Wed$21.86−0.92% $0.70 ₹54,453AED 2,580.81
May 26Thu$21.94+0.37% $0.71 ₹54,668AED 2,590.37
May 27Fri$22.06+0.54% $0.71 ₹55,059AED 2,604.42
May 31Tue$21.65−1.85% $0.70 ₹53,962AED 2,556.13
Daily closing prices of COMEX front-month silver futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

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 2022: FAQ

What was the price of silver in May 2022?

Silver traded between $20.76 and $22.62 per troy ounce (daily closes) in May 2022, averaging $21.83. It closed the month at $21.65.

How much did silver go down in May 2022?

Silver fell 6.0%, from $23.04 to $21.65. The biggest daily rise was +2.6% on May 16, 2022 and the biggest fall −3.7% on May 12, 2022.

What was the silver price on May 2, 2022?

Silver closed at $22.54 per troy ounce on May 2, 2022, the first trading day of the month. 999 India, ₹ per kg: ₹55,464.

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.