Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 16 July 2004, not the current price.See today's silver price (11 September 2026)
Highest closing price since 20 April 2004
Silver closed at $6.712 per troy ounce on 16 July 2004, up $0.060 (0.90%) from the previous close of $6.652.
Notable session: highest close of the month.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 18.26% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.656, making this a +44.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.71 per troy ounce on 16 July 2004. That is $0.06 higher than the previous close of $6.65, a move of 0.90%.
The silver price rose on 16 July 2004, gaining $0.06 (0.90%) against the previous session's close of $6.65.
At $6.71 per troy ounce, one gram of pure silver was worth about $0.22 on 16 July 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 60.6 on 16 July 2004, meaning one ounce of gold was worth roughly 60.6 ounces of silver.
A week before 16 July 2004, silver was around $6.46 per troy ounce, so the close of $6.71 is a gain of 3.9% over the week.
A month before 16 July 2004, silver was around $5.72 per troy ounce, so the close of $6.71 is a gain of 17.3% over the month.
A year before 16 July 2004, silver was around $4.66 per troy ounce. The close of $6.71 therefore represents a rise of 44.2% 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 18.26% below the highest close on record up to that date, which was set on 2004-04-06.
The most recent higher close was about 3 months earlier — 60 trading sessions before this one.