Distance from the record
This close sat 8.06% 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 18 November 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.549 per troy ounce on 18 November 2004, down $0.113 (1.47%) from the previous close of $7.662.
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.
This close sat 8.06% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.363, making this a +40.76% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.55 per troy ounce on 18 November 2004. That is $0.11 lower than the previous close of $7.66, a move of -1.47%.
The silver price fell on 18 November 2004, losing $0.11 (1.47%) against the previous session's close of $7.66.
At $7.55 per troy ounce, one gram of pure silver was worth about $0.24 on 18 November 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 58.6 on 18 November 2004, meaning one ounce of gold was worth roughly 58.6 ounces of silver.
A month before 18 November 2004, silver was around $6.97 per troy ounce, so the close of $7.55 is a gain of 8.3% over the month.
A year before 18 November 2004, silver was around $5.36 per troy ounce. The close of $7.55 therefore represents a rise of 40.8% over twelve months.
It closed 8.06% below the highest close on record up to that date, which was set on 2004-04-06.