Distance from the record
This close sat 17.91% below the highest silver close recorded up to that date, set on 2004-04-06.
This page is a historical record of the silver price in 26 August 2005, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 9 February 2005
Silver closed at $6.740 per troy ounce on 26 August 2005, down $0.088 (1.29%) from the previous close of $6.828.
This close extended a run of 4 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 17.91% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.675, making this a +0.97% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.74 per troy ounce on 26 August 2005. That is $0.09 lower than the previous close of $6.83, a move of -1.29%.
The silver price fell on 26 August 2005, losing $0.09 (1.29%) against the previous session's close of $6.83.
At $6.74 per troy ounce, one gram of pure silver was worth about $0.22 on 26 August 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 64.9 on 26 August 2005, meaning one ounce of gold was worth roughly 64.9 ounces of silver.
A week before 26 August 2005, silver was around $7.00 per troy ounce, so the close of $6.74 is a loss of 3.7% over the week.
This close was session 4 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 17.91% below the highest close on record up to that date, which was set on 2004-04-06.