Highest so far that month
No earlier session that month closed above this level.
This page is a historical record of the silver price in 20 August 2004, not the current price.See today's silver price (11 September 2026)
Highest closing price since 20 April 2004
Silver closed at $6.866 per troy ounce on 20 August 2004, up $0.051 (0.75%) from the previous close of $6.815.
Notable session: highest close of the month.
No earlier session that month closed above this level.
This close sat 16.38% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.018, making this a +36.83% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.87 per troy ounce on 20 August 2004. That is $0.05 higher than the previous close of $6.82, a move of 0.75%.
The silver price rose on 20 August 2004, gaining $0.05 (0.75%) against the previous session's close of $6.82.
At $6.87 per troy ounce, one gram of pure silver was worth about $0.22 on 20 August 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 60.2 on 20 August 2004, meaning one ounce of gold was worth roughly 60.2 ounces of silver.
A week before 20 August 2004, silver was around $6.62 per troy ounce, so the close of $6.87 is a gain of 3.8% over the week.
A year before 20 August 2004, silver was around $5.02 per troy ounce. The close of $6.87 therefore represents a rise of 36.8% over twelve months.
It closed 16.38% below the highest close on record up to that date, which was set on 2004-04-06.
The most recent higher close was about 4 months earlier — 85 trading sessions before this one.