Distance from the record
This close sat 13.04% 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 16 April 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.140 per troy ounce on 16 April 2004, up $0.067 (0.95%) from the previous close of $7.073.
This close sat 13.04% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.481, making this a +59.34% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.14 per troy ounce on 16 April 2004. That is $0.07 higher than the previous close of $7.07, a move of 0.95%.
The silver price rose on 16 April 2004, gaining $0.07 (0.95%) against the previous session's close of $7.07.
At $7.14 per troy ounce, one gram of pure silver was worth about $0.23 on 16 April 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 56.2 on 16 April 2004, meaning one ounce of gold was worth roughly 56.2 ounces of silver.
A week before 16 April 2004, silver was around $8.09 per troy ounce, so the close of $7.14 is a loss of 11.7% over the week.
A year before 16 April 2004, silver was around $4.48 per troy ounce. The close of $7.14 therefore represents a rise of 59.3% over twelve months.
It closed 13.04% below the highest close on record up to that date, which was set on 2004-04-06.