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 28 December 2004, not the current price.See today's silver price (11 September 2026)
Highest closing price since 8 December 2004
Silver closed at $7.026 per troy ounce on 28 December 2004, up $0.053 (0.76%) from the previous close of $6.973.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 14.43% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.780, making this a +21.56% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.03 per troy ounce on 28 December 2004. That is $0.05 higher than the previous close of $6.97, a move of 0.76%.
The silver price rose on 28 December 2004, gaining $0.05 (0.76%) against the previous session's close of $6.97.
At $7.03 per troy ounce, one gram of pure silver was worth about $0.23 on 28 December 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 63.2 on 28 December 2004, meaning one ounce of gold was worth roughly 63.2 ounces of silver.
A month before 28 December 2004, silver was around $7.61 per troy ounce, so the close of $7.03 is a loss of 7.7% over the month.
A year before 28 December 2004, silver was around $5.78 per troy ounce. The close of $7.03 therefore represents a rise of 21.6% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 14.43% below the highest close on record up to that date, which was set on 2004-04-06.