Distance from the record
This close sat 11.20% 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 October 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.291 per troy ounce on 21 October 2004, down $0.042 (0.57%) from the previous close of $7.333.
This close sat 11.20% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.063, making this a +44.01% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.29 per troy ounce on 21 October 2004. That is $0.04 lower than the previous close of $7.33, a move of -0.57%.
The silver price fell on 21 October 2004, losing $0.04 (0.57%) against the previous session's close of $7.33.
At $7.29 per troy ounce, one gram of pure silver was worth about $0.23 on 21 October 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 58.2 on 21 October 2004, meaning one ounce of gold was worth roughly 58.2 ounces of silver.
A week before 21 October 2004, silver was around $7.04 per troy ounce, so the close of $7.29 is a gain of 3.6% over the week.
A month before 21 October 2004, silver was around $6.35 per troy ounce, so the close of $7.29 is a gain of 14.9% over the month.
A year before 21 October 2004, silver was around $5.06 per troy ounce. The close of $7.29 therefore represents a rise of 44.0% over twelve months.
It closed 11.20% below the highest close on record up to that date, which was set on 2004-04-06.