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 October 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.230 per troy ounce on 11 October 2004, down $0.043 (0.59%) from the previous close of $7.273.
This was the strongest close of the week up to that point.
This close sat 11.95% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.905, making this a +47.40% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.23 per troy ounce on 11 October 2004. That is $0.04 lower than the previous close of $7.27, a move of -0.59%.
The silver price fell on 11 October 2004, losing $0.04 (0.59%) against the previous session's close of $7.27.
At $7.23 per troy ounce, one gram of pure silver was worth about $0.23 on 11 October 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 58.4 on 11 October 2004, meaning one ounce of gold was worth roughly 58.4 ounces of silver.
A week before 11 October 2004, silver was around $6.74 per troy ounce, so the close of $7.23 is a gain of 7.3% over the week.
A month before 11 October 2004, silver was around $6.13 per troy ounce, so the close of $7.23 is a gain of 17.9% over the month.
A year before 11 October 2004, silver was around $4.91 per troy ounce. The close of $7.23 therefore represents a rise of 47.4% over twelve months.
It closed 11.95% below the highest close on record up to that date, which was set on 2004-04-06.