Distance from the record
This close sat 15.54% 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 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $6.935 per troy ounce on 20 May 2005, down $0.185 (2.60%) from the previous close of $7.120.
Silver lost 2.60% 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 15.54% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.773, making this a +20.13% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.93 per troy ounce on 20 May 2005. That is $0.18 lower than the previous close of $7.12, a move of -2.60%.
The silver price fell on 20 May 2005, losing $0.18 (2.60%) against the previous session's close of $7.12.
At $6.93 per troy ounce, one gram of pure silver was worth about $0.22 on 20 May 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 60.2 on 20 May 2005, meaning one ounce of gold was worth roughly 60.2 ounces of silver.
A month before 20 May 2005, silver was around $7.33 per troy ounce, so the close of $6.93 is a loss of 5.4% over the month.
A year before 20 May 2005, silver was around $5.77 per troy ounce. The close of $6.93 therefore represents a rise of 20.1% over twelve months.
It closed 15.54% below the highest close on record up to that date, which was set on 2004-04-06.