Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 18 August 2004, not the current price.See today's silver price (11 September 2026)
Highest closing price since 20 April 2004
Silver closed at $6.830 per troy ounce on 18 August 2004, up $0.107 (1.59%) from the previous close of $6.723.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
No earlier session that month closed above this level.
This close sat 16.82% 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 +38.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.83 per troy ounce on 18 August 2004. That is $0.11 higher than the previous close of $6.72, a move of 1.59%.
The silver price rose on 18 August 2004, gaining $0.11 (1.59%) against the previous session's close of $6.72.
At $6.83 per troy ounce, one gram of pure silver was worth about $0.22 on 18 August 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 59.2 on 18 August 2004, meaning one ounce of gold was worth roughly 59.2 ounces of silver.
A week before 18 August 2004, silver was around $6.52 per troy ounce, so the close of $6.83 is a gain of 4.8% over the week.
A year before 18 August 2004, silver was around $4.92 per troy ounce. The close of $6.83 therefore represents a rise of 38.7% over twelve months.
It closed 16.82% below the highest close on record up to that date, which was set on 2004-04-06.
The most recent higher close was about 4 months earlier — 83 trading sessions before this one.