Distance from the record
This close sat 15.75% 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 24 August 2005, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 6 July 2005
Silver closed at $6.918 per troy ounce on 24 August 2005, down $0.044 (0.63%) from the previous close of $6.962.
This close sat 15.75% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.574, making this a +5.23% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.92 per troy ounce on 24 August 2005. That is $0.04 lower than the previous close of $6.96, a move of -0.63%.
The silver price fell on 24 August 2005, losing $0.04 (0.63%) against the previous session's close of $6.96.
At $6.92 per troy ounce, one gram of pure silver was worth about $0.22 on 24 August 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 63.2 on 24 August 2005, meaning one ounce of gold was worth roughly 63.2 ounces of silver.
It closed 15.75% below the highest close on record up to that date, which was set on 2004-04-06.