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 November 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.589 per troy ounce on 16 November 2004, up $0.022 (0.29%) from the previous close of $7.567.
This was the strongest close of the week up to that point.
This close sat 7.58% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.411, making this a +40.25% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.59 per troy ounce on 16 November 2004. That is $0.02 higher than the previous close of $7.57, a move of 0.29%.
The silver price rose on 16 November 2004, gaining $0.02 (0.29%) against the previous session's close of $7.57.
At $7.59 per troy ounce, one gram of pure silver was worth about $0.24 on 16 November 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 58.0 on 16 November 2004, meaning one ounce of gold was worth roughly 58.0 ounces of silver.
A month before 16 November 2004, silver was around $7.09 per troy ounce, so the close of $7.59 is a gain of 7.0% over the month.
A year before 16 November 2004, silver was around $5.41 per troy ounce. The close of $7.59 therefore represents a rise of 40.3% over twelve months.
It closed 7.58% below the highest close on record up to that date, which was set on 2004-04-06.