Distance from the record
This close sat 25.65% below the highest silver close recorded up to that date, set on 2004-04-06.
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This page is a historical record of the silver price in 28 May 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $6.105 per troy ounce on 28 May 2004, down $0.085 (1.37%) from the previous close of $6.190.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 25.65% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.634, making this a +31.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.11 per troy ounce on 28 May 2004. That is $0.09 lower than the previous close of $6.19, a move of -1.37%.
The silver price fell on 28 May 2004, losing $0.09 (1.37%) against the previous session's close of $6.19.
At $6.11 per troy ounce, one gram of pure silver was worth about $0.20 on 28 May 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 64.5 on 28 May 2004, meaning one ounce of gold was worth roughly 64.5 ounces of silver.
A week before 28 May 2004, silver was around $5.86 per troy ounce, so the close of $6.11 is a gain of 4.1% over the week.
A year before 28 May 2004, silver was around $4.63 per troy ounce. The close of $6.11 therefore represents a rise of 31.7% over twelve months.
It closed 25.65% below the highest close on record up to that date, which was set on 2004-04-06.