Distance from the record
This close sat 10.11% 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 February 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.381 per troy ounce on 24 February 2005, down $0.060 (0.81%) from the previous close of $7.441.
This close sat 10.11% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.619, making this a +11.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.38 per troy ounce on 24 February 2005. That is $0.06 lower than the previous close of $7.44, a move of -0.81%.
The silver price fell on 24 February 2005, losing $0.06 (0.81%) against the previous session's close of $7.44.
At $7.38 per troy ounce, one gram of pure silver was worth about $0.24 on 24 February 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 58.9 on 24 February 2005, meaning one ounce of gold was worth roughly 58.9 ounces of silver.
A month before 24 February 2005, silver was around $6.84 per troy ounce, so the close of $7.38 is a gain of 7.8% over the month.
It closed 10.11% below the highest close on record up to that date, which was set on 2004-04-06.