Distance from the record
This close sat 17.57% 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 2 September 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $6.768 per troy ounce on 2 September 2004, down $0.148 (2.14%) from the previous close of $6.916.
Silver lost 2.14% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 17.57% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.988, making this a +35.69% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.77 per troy ounce on 2 September 2004. That is $0.15 lower than the previous close of $6.92, a move of -2.14%.
The silver price fell on 2 September 2004, losing $0.15 (2.14%) against the previous session's close of $6.92.
At $6.77 per troy ounce, one gram of pure silver was worth about $0.22 on 2 September 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 60.0 on 2 September 2004, meaning one ounce of gold was worth roughly 60.0 ounces of silver.
A year before 2 September 2004, silver was around $4.99 per troy ounce. The close of $6.77 therefore represents a rise of 35.7% over twelve months.
It closed 17.57% below the highest close on record up to that date, which was set on 2004-04-06.