Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 23 August 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $6.741 per troy ounce on 23 August 2004, down $0.125 (1.82%) from the previous close of $6.866.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 17.90% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.993, making this a +35.01% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.74 per troy ounce on 23 August 2004. That is $0.13 lower than the previous close of $6.87, a move of -1.82%.
The silver price fell on 23 August 2004, losing $0.13 (1.82%) against the previous session's close of $6.87.
At $6.74 per troy ounce, one gram of pure silver was worth about $0.22 on 23 August 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 60.9 on 23 August 2004, meaning one ounce of gold was worth roughly 60.9 ounces of silver.
A month before 23 August 2004, silver was around $6.33 per troy ounce, so the close of $6.74 is a gain of 6.4% over the month.
A year before 23 August 2004, silver was around $4.99 per troy ounce. The close of $6.74 therefore represents a rise of 35.0% over twelve months.
It closed 17.90% below the highest close on record up to that date, which was set on 2004-04-06.