Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 26 March 2004, not the current price.See today's silver price (11 September 2026)
Silver's highest closing price on record
Silver closed at $7.707 per troy ounce on 26 March 2004, up $0.115 (1.51%) from the previous close of $7.592.
No session before this one closed higher — this was the highest silver close on record at the time. Records tend to cluster, so the days either side are worth reading together rather than in isolation.
No earlier session that month closed above this level.
Twelve months earlier silver traded around $4.391, making this a +75.52% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.71 per troy ounce on 26 March 2004. That is $0.11 higher than the previous close of $7.59, a move of 1.51%.
The silver price rose on 26 March 2004, gaining $0.11 (1.51%) against the previous session's close of $7.59.
At $7.71 per troy ounce, one gram of pure silver was worth about $0.25 on 26 March 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 54.8 on 26 March 2004, meaning one ounce of gold was worth roughly 54.8 ounces of silver.
A week before 26 March 2004, silver was around $7.55 per troy ounce, so the close of $7.71 is a gain of 2.1% over the week.
A month before 26 March 2004, silver was around $6.71 per troy ounce, so the close of $7.71 is a gain of 14.9% over the month.
A year before 26 March 2004, silver was around $4.39 per troy ounce. The close of $7.71 therefore represents a rise of 75.5% over twelve months.
Yes. At the time, no earlier session had closed higher. Later sessions may have exceeded it — this page describes the record as it stood on that date, not today's all-time high.
It was at the record itself — the highest close recorded up to that date.