Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 24 May 2004, not the current price.See today's silver price (11 September 2026)
Highest closing price since 5 May 2004
Silver closed at $5.990 per troy ounce on 24 May 2004, up $0.127 (2.17%) from the previous close of $5.863.
This was a 2.17% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This was the strongest close of the week up to that point.
This close sat 27.05% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.639, making this a +29.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $5.99 per troy ounce on 24 May 2004. That is $0.13 higher than the previous close of $5.86, a move of 2.17%.
The silver price rose on 24 May 2004, gaining $0.13 (2.17%) against the previous session's close of $5.86.
At $5.99 per troy ounce, one gram of pure silver was worth about $0.19 on 24 May 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 64.4 on 24 May 2004, meaning one ounce of gold was worth roughly 64.4 ounces of silver.
A week before 24 May 2004, silver was around $5.67 per troy ounce, so the close of $5.99 is a gain of 5.7% over the week.
A year before 24 May 2004, silver was around $4.64 per troy ounce. The close of $5.99 therefore represents a rise of 29.1% over twelve months.
It closed 27.05% below the highest close on record up to that date, which was set on 2004-04-06.