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 12 November 2004, not the current price.See today's silver price (11 September 2026)
Highest closing price since 1 November 2004
Silver closed at $7.615 per troy ounce on 12 November 2004, up $0.145 (1.94%) from the previous close of $7.470.
This was the strongest close of the week up to that point.
This close sat 7.26% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.331, making this a +42.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.61 per troy ounce on 12 November 2004. That is $0.14 higher than the previous close of $7.47, a move of 1.94%.
The silver price rose on 12 November 2004, gaining $0.14 (1.94%) against the previous session's close of $7.47.
At $7.61 per troy ounce, one gram of pure silver was worth about $0.24 on 12 November 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 57.5 on 12 November 2004, meaning one ounce of gold was worth roughly 57.5 ounces of silver.
A month before 12 November 2004, silver was around $7.03 per troy ounce, so the close of $7.61 is a gain of 8.3% over the month.
A year before 12 November 2004, silver was around $5.33 per troy ounce. The close of $7.61 therefore represents a rise of 42.8% over twelve months.
It closed 7.26% below the highest close on record up to that date, which was set on 2004-04-06.