Distance from the record
This close sat 14.16% 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 July 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.048 per troy ounce on 12 July 2005, down $0.021 (0.30%) from the previous close of $7.069.
This close sat 14.16% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.528, making this a +7.97% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.05 per troy ounce on 12 July 2005. That is $0.02 lower than the previous close of $7.07, a move of -0.30%.
The silver price fell on 12 July 2005, losing $0.02 (0.30%) against the previous session's close of $7.07.
At $7.05 per troy ounce, one gram of pure silver was worth about $0.23 on 12 July 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 60.5 on 12 July 2005, meaning one ounce of gold was worth roughly 60.5 ounces of silver.
A week before 12 July 2005, silver was around $6.83 per troy ounce, so the close of $7.05 is a gain of 3.2% over the week.
It closed 14.16% below the highest close on record up to that date, which was set on 2004-04-06.