Distance from the record
This close sat 22.09% 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 21 July 2004, not the current price.See today's silver price (11 September 2026)
Silver falls 3.1% in a single session
Silver closed at $6.397 per troy ounce on 21 July 2004, down $0.202 (3.06%) from the previous close of $6.599.
Notable session: moved more than 3% in a session.
Silver lost 3.06% 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 22.09% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.744, making this a +34.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.40 per troy ounce on 21 July 2004. That is $0.20 lower than the previous close of $6.60, a move of -3.06%.
The silver price fell on 21 July 2004, losing $0.20 (3.06%) against the previous session's close of $6.60.
At $6.40 per troy ounce, one gram of pure silver was worth about $0.21 on 21 July 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 62.1 on 21 July 2004, meaning one ounce of gold was worth roughly 62.1 ounces of silver.
A week before 21 July 2004, silver was around $6.60 per troy ounce, so the close of $6.40 is a loss of 3.0% over the week.
A month before 21 July 2004, silver was around $5.86 per troy ounce, so the close of $6.40 is a gain of 9.2% over the month.
A year before 21 July 2004, silver was around $4.74 per troy ounce. The close of $6.40 therefore represents a rise of 34.8% over twelve months.
It closed 22.09% below the highest close on record up to that date, which was set on 2004-04-06.