Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 16 June 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.360 per troy ounce on 16 June 2005, up $0.040 (0.55%) from the previous close of $7.320.
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.
This was the strongest close of the week up to that point.
This close sat 10.36% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.722, making this a +28.63% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.36 per troy ounce on 16 June 2005. That is $0.04 higher than the previous close of $7.32, a move of 0.55%.
The silver price rose on 16 June 2005, gaining $0.04 (0.55%) against the previous session's close of $7.32.
At $7.36 per troy ounce, one gram of pure silver was worth about $0.24 on 16 June 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 59.3 on 16 June 2005, meaning one ounce of gold was worth roughly 59.3 ounces of silver.
A month before 16 June 2005, silver was around $6.93 per troy ounce, so the close of $7.36 is a gain of 6.1% over the month.
A year before 16 June 2005, silver was around $5.72 per troy ounce. The close of $7.36 therefore represents a rise of 28.6% 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 10.36% below the highest close on record up to that date, which was set on 2004-04-06.