Distance from the record
This close sat 22.86% 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 July 2004, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 7 July 2004
Silver closed at $6.334 per troy ounce on 23 July 2004, down $0.084 (1.31%) from the previous close of $6.418.
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 22.86% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.064, making this a +25.08% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.33 per troy ounce on 23 July 2004. That is $0.08 lower than the previous close of $6.42, a move of -1.31%.
The silver price fell on 23 July 2004, losing $0.08 (1.31%) against the previous session's close of $6.42.
At $6.33 per troy ounce, one gram of pure silver was worth about $0.20 on 23 July 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 61.7 on 23 July 2004, meaning one ounce of gold was worth roughly 61.7 ounces of silver.
A week before 23 July 2004, silver was around $6.71 per troy ounce, so the close of $6.33 is a loss of 5.6% over the week.
A month before 23 July 2004, silver was around $5.87 per troy ounce, so the close of $6.33 is a gain of 7.8% over the month.
A year before 23 July 2004, silver was around $5.06 per troy ounce. The close of $6.33 therefore represents a rise of 25.1% over twelve months.
It closed 22.86% below the highest close on record up to that date, which was set on 2004-04-06.