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 March 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.155 per troy ounce on 16 March 2004, up $0.027 (0.38%) from the previous close of $7.128.
This was the strongest close of the week up to that point.
Twelve months earlier silver traded around $4.527, making this a +58.05% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.16 per troy ounce on 16 March 2004. That is $0.03 higher than the previous close of $7.13, a move of 0.38%.
The silver price rose on 16 March 2004, gaining $0.03 (0.38%) against the previous session's close of $7.13.
At $7.16 per troy ounce, one gram of pure silver was worth about $0.23 on 16 March 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 56.2 on 16 March 2004, meaning one ounce of gold was worth roughly 56.2 ounces of silver.
A month before 16 March 2004, silver was around $6.58 per troy ounce, so the close of $7.16 is a gain of 8.8% over the month.
A year before 16 March 2004, silver was around $4.53 per troy ounce. The close of $7.16 therefore represents a rise of 58.1% over twelve months.
It closed 0.36% below the highest close on record up to that date, which was set on 2004-03-11.