Distance from the record
This close sat 14.75% 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 2005, not the current price.See today's silver price (11 September 2026)
Silver falls 6.1% in a single session
Silver closed at $7.000 per troy ounce on 2 September 2005, down $0.458 (6.14%) from the previous close of $7.458.
Notable session: moved more than 3% in a session.
Silver lost 6.14% 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 14.75% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.768, making this a +3.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.00 per troy ounce on 2 September 2005. That is $0.46 lower than the previous close of $7.46, a move of -6.14%.
The silver price fell on 2 September 2005, losing $0.46 (6.14%) against the previous session's close of $7.46.
At $7.00 per troy ounce, one gram of pure silver was worth about $0.23 on 2 September 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 63.5 on 2 September 2005, meaning one ounce of gold was worth roughly 63.5 ounces of silver.
A week before 2 September 2005, silver was around $6.74 per troy ounce, so the close of $7.00 is a gain of 3.9% over the week.
It closed 14.75% below the highest close on record up to that date, which was set on 2004-04-06.