Distance from the record
This close sat 30.31% 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 June 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $5.722 per troy ounce on 16 June 2004, down $0.010 (0.17%) from the previous close of $5.732.
This close sat 30.31% 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 237 of 246 sessions.
Twelve months earlier silver traded around $4.607, making this a +24.20% 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 16 June 2004. That is $0.01 lower than the previous close of $5.73, a move of -0.17%.
The silver price fell on 16 June 2004, losing $0.01 (0.17%) against the previous session's close of $5.73.
At $5.72 per troy ounce, one gram of pure silver was worth about $0.18 on 16 June 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 67.2 on 16 June 2004, meaning one ounce of gold was worth roughly 67.2 ounces of silver.
A year before 16 June 2004, silver was around $4.61 per troy ounce. The close of $5.72 therefore represents a rise of 24.2% over twelve months.
It closed 30.31% below the highest close on record up to that date, which was set on 2004-04-06.