Highest so far that year
At the time, no session earlier in the year had closed higher.
This page is a historical record of the silver price in 24 January 2005, not the current price.See today's silver price (11 September 2026)
Highest closing price since 28 December 2004
Silver closed at $6.845 per troy ounce on 24 January 2005, up $0.048 (0.71%) from the previous close of $6.797.
Notable session: highest close of the month.
At the time, no session earlier in the year had closed higher.
This close sat 16.64% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.355, making this a +7.71% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.84 per troy ounce on 24 January 2005. That is $0.05 higher than the previous close of $6.80, a move of 0.71%.
The silver price rose on 24 January 2005, gaining $0.05 (0.71%) against the previous session's close of $6.80.
At $6.84 per troy ounce, one gram of pure silver was worth about $0.22 on 24 January 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 62.4 on 24 January 2005, meaning one ounce of gold was worth roughly 62.4 ounces of silver.
A week before 24 January 2005, silver was around $6.58 per troy ounce, so the close of $6.84 is a gain of 4.0% over the week.
It closed 16.64% below the highest close on record up to that date, which was set on 2004-04-06.