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 March 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.307 per troy ounce on 2 March 2005, up $0.116 (1.61%) from the previous close of $7.191.
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 11.01% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.710, making this a +8.90% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.31 per troy ounce on 2 March 2005. That is $0.12 higher than the previous close of $7.19, a move of 1.61%.
The silver price rose on 2 March 2005, gaining $0.12 (1.61%) against the previous session's close of $7.19.
At $7.31 per troy ounce, one gram of pure silver was worth about $0.23 on 2 March 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 59.2 on 2 March 2005, meaning one ounce of gold was worth roughly 59.2 ounces of silver.
A month before 2 March 2005, silver was around $6.74 per troy ounce, so the close of $7.31 is a gain of 8.4% over the month.
It closed 11.01% below the highest close on record up to that date, which was set on 2004-04-06.