Distance from the record
This close sat 29.69% 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 20 May 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $5.773 per troy ounce on 20 May 2004, down $0.147 (2.48%) from the previous close of $5.920.
Silver lost 2.48% 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 29.69% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.764, making this a +21.18% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $5.77 per troy ounce on 20 May 2004. That is $0.15 lower than the previous close of $5.92, a move of -2.48%.
The silver price fell on 20 May 2004, losing $0.15 (2.48%) against the previous session's close of $5.92.
At $5.77 per troy ounce, one gram of pure silver was worth about $0.19 on 20 May 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 65.5 on 20 May 2004, meaning one ounce of gold was worth roughly 65.5 ounces of silver.
A week before 20 May 2004, silver was around $5.61 per troy ounce, so the close of $5.77 is a gain of 3.0% over the week.
A month before 20 May 2004, silver was around $6.94 per troy ounce, so the close of $5.77 is a loss of 16.8% over the month.
A year before 20 May 2004, silver was around $4.76 per troy ounce. The close of $5.77 therefore represents a rise of 21.2% over twelve months.
It closed 29.69% below the highest close on record up to that date, which was set on 2004-04-06.