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 2 August 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.238 per troy ounce on 2 August 2005, unchanged from the previous close of $7.238.
Silver barely moved, closing within 0.00% 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.
No earlier session that month closed above this level.
This close sat 11.85% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.610, making this a +9.50% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.24 per troy ounce on 2 August 2005. That is $0.00 higher than the previous close of $7.24, a move of 0.00%.
The silver price was unchanged on 2 August 2005, gaining $0.00 (0.00%) against the previous session's close of $7.24.
At $7.24 per troy ounce, one gram of pure silver was worth about $0.23 on 2 August 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 59.7 on 2 August 2005, meaning one ounce of gold was worth roughly 59.7 ounces of silver.
A week before 2 August 2005, silver was around $6.99 per troy ounce, so the close of $7.24 is a gain of 3.5% over the week.
It closed 11.85% below the highest close on record up to that date, which was set on 2004-04-06.