Distance from the record
This close sat 20.24% below the highest silver close recorded up to that date, set on 2004-04-06.
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This page is a historical record of the silver price in 12 August 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $6.549 per troy ounce on 12 August 2004, up $0.030 (0.46%) from the previous close of $6.519.
This close sat 20.24% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.858, making this a +34.81% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.55 per troy ounce on 12 August 2004. That is $0.03 higher than the previous close of $6.52, a move of 0.46%.
The silver price rose on 12 August 2004, gaining $0.03 (0.46%) against the previous session's close of $6.52.
At $6.55 per troy ounce, one gram of pure silver was worth about $0.21 on 12 August 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 60.2 on 12 August 2004, meaning one ounce of gold was worth roughly 60.2 ounces of silver.
A week before 12 August 2004, silver was around $6.74 per troy ounce, so the close of $6.55 is a loss of 2.8% over the week.
A year before 12 August 2004, silver was around $4.86 per troy ounce. The close of $6.55 therefore represents a rise of 34.8% over twelve months.
It closed 20.24% below the highest close on record up to that date, which was set on 2004-04-06.