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 May 2005, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 9 February 2005
Silver closed at $6.840 per troy ounce on 2 May 2005, down $0.062 (0.90%) from the previous close of $6.902.
Notable session: lowest close of the month.
This close extended a run of 5 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 16.70% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.078, making this a +12.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.84 per troy ounce on 2 May 2005. That is $0.06 lower than the previous close of $6.90, a move of -0.90%.
The silver price fell on 2 May 2005, losing $0.06 (0.90%) against the previous session's close of $6.90.
At $6.84 per troy ounce, one gram of pure silver was worth about $0.22 on 2 May 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 62.8 on 2 May 2005, meaning one ounce of gold was worth roughly 62.8 ounces of silver.
A week before 2 May 2005, silver was around $7.26 per troy ounce, so the close of $6.84 is a loss of 5.7% over the week.
A year before 2 May 2005, silver was around $6.08 per troy ounce. The close of $6.84 therefore represents a rise of 12.5% over twelve months.
This close was session 5 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 16.70% below the highest close on record up to that date, which was set on 2004-04-06.