Silver ranged between $6.737 and $8.820 per troy ounce during 2005, averaging $7.395 across 11 trading days. It finished the period at $8.820, up 29.57% from $6.807.
The strongest session of 2005 was 1 September 2005 at +9.98%, and the weakest 1 August 2005 at -6.31%.
Twelve months earlier silver traded around $6.807, making this a +29.57% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 January 2005 | $6.737 | −$0.070 |
| 1 February 2005 | $7.359 | +$0.622 |
| 1 March 2005 | $7.191 | −$0.168 |
| 1 April 2005 | $6.902 | −$0.289 |
| 1 June 2005 | $7.028 | +$0.126 |
| 1 July 2005 | $7.238 | +$0.210 |
| 1 August 2005 | $6.781 | −$0.457 |
| 1 September 2005 | $7.458 | +$0.677 |
| 1 October 2005 | $7.550 | +$0.092 |
| 1 November 2005 | $8.280 | +$0.730 |
| 1 December 2005 | $8.820 | +$0.540 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Silver finished 2005 at $8.82 per troy ounce, having risen $2.01 (29.57%) over the year. It has traded between $6.74 and $8.82 across 11 trading days.
The average silver closing price in 2005 was $7.39 per troy ounce, calculated across all 11 trading days in the year.
Silver reached its highest close of 2005 at $8.82 per troy ounce on 1 December 2005.
The lowest silver close in 2005 was $6.74 per troy ounce on 1 January 2005.
Silver rose during 2005. It entered the year at $6.81 and closed at $8.82, a change of 29.57%.
Silver closed higher on 7 sessions and lower on 4 during 2005. The strongest session was 1 September 2005 (+9.98%) and the weakest 1 August 2005 (-6.31%).
Daily closes in 2005 varied with a standard deviation of 5.72% per session, and the peak-to-trough spread across the year was 30.9% ($6.74 to $8.82).
At the 2005 close of $8.82 per troy ounce, silver worked out at about $0.28 per gram and $283.57 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 61.2 through 2005 and finished the year near 58.6. A higher ratio means silver is cheap relative to gold.
Silver was around $6.81 per troy ounce twelve months before the end of 2005. Closing at $8.82 makes that a gain of 29.6% year on year.