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Lowest closing price since 1 July 2004
Silver closed at $6.737 per troy ounce on 1 January 2005, down $0.070 (1.03%) from the previous close of $6.807.
Notable session: lowest close of the year.
Twelve months earlier silver traded around $6.246, making this a +7.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.74 per troy ounce on 1 January 2005. That is $0.07 lower than the previous close of $6.81, a move of -1.03%.
The silver price fell on 1 January 2005, losing $0.07 (1.03%) against the previous session's close of $6.81.
At $6.74 per troy ounce, one gram of pure silver was worth about $0.22 on 1 January 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 62.6 on 1 January 2005, meaning one ounce of gold was worth roughly 62.6 ounces of silver.
A week before 1 January 2005, silver was around $6.81 per troy ounce, so the close of $6.74 is a loss of 1.0% over the week.
A month before 1 January 2005, silver was around $6.81 per troy ounce, so the close of $6.74 is a loss of 1.0% over the month.
A year before 1 January 2005, silver was around $6.25 per troy ounce. The close of $6.74 therefore represents a rise of 7.9% over twelve months.