Distance from the record
This close sat 5.15% below the highest silver close recorded up to that date, set on 2004-04-06.
This page is a historical record of the silver price in 18 October 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.788 per troy ounce on 18 October 2005, down $0.039 (0.50%) from the previous close of $7.827.
This close sat 5.15% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.968, making this a +11.77% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.79 per troy ounce on 18 October 2005. That is $0.04 lower than the previous close of $7.83, a move of -0.50%.
The silver price fell on 18 October 2005, losing $0.04 (0.50%) against the previous session's close of $7.83.
At $7.79 per troy ounce, one gram of pure silver was worth about $0.25 on 18 October 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 60.6 on 18 October 2005, meaning one ounce of gold was worth roughly 60.6 ounces of silver.
A month before 18 October 2005, silver was around $7.23 per troy ounce, so the close of $7.79 is a gain of 7.7% over the month.
It closed 5.15% below the highest close on record up to that date, which was set on 2004-04-06.