Distance from the record
This close sat 13.64% 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 15 October 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.091 per troy ounce on 15 October 2004, up $0.055 (0.78%) from the previous close of $7.036.
This close sat 13.64% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.942, making this a +43.48% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.09 per troy ounce on 15 October 2004. That is $0.06 higher than the previous close of $7.04, a move of 0.78%.
The silver price rose on 15 October 2004, gaining $0.06 (0.78%) against the previous session's close of $7.04.
At $7.09 per troy ounce, one gram of pure silver was worth about $0.23 on 15 October 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 59.0 on 15 October 2004, meaning one ounce of gold was worth roughly 59.0 ounces of silver.
A week before 15 October 2004, silver was around $7.27 per troy ounce, so the close of $7.09 is a loss of 2.5% over the week.
A month before 15 October 2004, silver was around $6.27 per troy ounce, so the close of $7.09 is a gain of 13.1% over the month.
A year before 15 October 2004, silver was around $4.94 per troy ounce. The close of $7.09 therefore represents a rise of 43.5% over twelve months.
It closed 13.64% below the highest close on record up to that date, which was set on 2004-04-06.