Distance from the record
This close sat 30.33% 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 14 May 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $5.721 per troy ounce on 14 May 2004, up $0.114 (2.03%) from the previous close of $5.607.
This was a 2.03% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This close sat 30.33% below the highest silver close recorded up to that date, set on 2004-04-06.
One of the ten lowest silver closes of that year, ranking 238 of 246 sessions.
Twelve months earlier silver traded around $4.864, making this a +17.62% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $5.72 per troy ounce on 14 May 2004. That is $0.11 higher than the previous close of $5.61, a move of 2.03%.
The silver price rose on 14 May 2004, gaining $0.11 (2.03%) against the previous session's close of $5.61.
At $5.72 per troy ounce, one gram of pure silver was worth about $0.18 on 14 May 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 65.9 on 14 May 2004, meaning one ounce of gold was worth roughly 65.9 ounces of silver.
A week before 14 May 2004, silver was around $5.59 per troy ounce, so the close of $5.72 is a gain of 2.4% over the week.
A month before 14 May 2004, silver was around $7.00 per troy ounce, so the close of $5.72 is a loss of 18.3% over the month.
A year before 14 May 2004, silver was around $4.86 per troy ounce. The close of $5.72 therefore represents a rise of 17.6% over twelve months.
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 30.33% below the highest close on record up to that date, which was set on 2004-04-06.