Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 11 August 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.169 per troy ounce on 11 August 2005, up $0.108 (1.53%) from the previous close of $7.061.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 12.69% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.519, making this a +9.97% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.17 per troy ounce on 11 August 2005. That is $0.11 higher than the previous close of $7.06, a move of 1.53%.
The silver price rose on 11 August 2005, gaining $0.11 (1.53%) against the previous session's close of $7.06.
At $7.17 per troy ounce, one gram of pure silver was worth about $0.23 on 11 August 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 62.1 on 11 August 2005, meaning one ounce of gold was worth roughly 62.1 ounces of silver.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 12.69% below the highest close on record up to that date, which was set on 2004-04-06.