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 September 2004, not the current price.See today's silver price (11 September 2026)
Highest closing price since 3 September 2004
Silver closed at $6.289 per troy ounce on 16 September 2004, up $0.018 (0.29%) from the previous close of $6.271.
This close extended a run of 4 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 23.41% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.213, making this a +20.64% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.29 per troy ounce on 16 September 2004. That is $0.02 higher than the previous close of $6.27, a move of 0.29%.
The silver price rose on 16 September 2004, gaining $0.02 (0.29%) against the previous session's close of $6.27.
At $6.29 per troy ounce, one gram of pure silver was worth about $0.20 on 16 September 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 64.4 on 16 September 2004, meaning one ounce of gold was worth roughly 64.4 ounces of silver.
A week before 16 September 2004, silver was around $6.15 per troy ounce, so the close of $6.29 is a gain of 2.2% over the week.
A month before 16 September 2004, silver was around $6.73 per troy ounce, so the close of $6.29 is a loss of 6.6% over the month.
A year before 16 September 2004, silver was around $5.21 per troy ounce. The close of $6.29 therefore represents a rise of 20.6% over twelve months.
This close was session 4 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 23.41% below the highest close on record up to that date, which was set on 2004-04-06.