Distance from the record
This close sat 15.21% 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 23 August 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $6.962 per troy ounce on 23 August 2005, down $0.092 (1.30%) from the previous close of $7.054.
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 close sat 15.21% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.741, making this a +3.28% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.96 per troy ounce on 23 August 2005. That is $0.09 lower than the previous close of $7.05, a move of -1.30%.
The silver price fell on 23 August 2005, losing $0.09 (1.30%) against the previous session's close of $7.05.
At $6.96 per troy ounce, one gram of pure silver was worth about $0.22 on 23 August 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 63.1 on 23 August 2005, meaning one ounce of gold was worth roughly 63.1 ounces of silver.
It closed 15.21% below the highest close on record up to that date, which was set on 2004-04-06.