Distance from the record
This close sat 18.12% 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 17 August 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $6.723 per troy ounce on 17 August 2004, down $0.007 (0.10%) from the previous close of $6.730.
Silver barely moved, closing within 0.10% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 18.12% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.923, making this a +36.56% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.72 per troy ounce on 17 August 2004. That is $0.01 lower than the previous close of $6.73, a move of -0.10%.
The silver price fell on 17 August 2004, losing $0.01 (0.10%) against the previous session's close of $6.73.
At $6.72 per troy ounce, one gram of pure silver was worth about $0.22 on 17 August 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 60.2 on 17 August 2004, meaning one ounce of gold was worth roughly 60.2 ounces of silver.
A year before 17 August 2004, silver was around $4.92 per troy ounce. The close of $6.72 therefore represents a rise of 36.6% over twelve months.
It closed 18.12% below the highest close on record up to that date, which was set on 2004-04-06.