Distance from the record
This close sat 17.22% 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 29 December 2004, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 17 December 2004
Silver closed at $6.797 per troy ounce on 29 December 2004, down $0.229 (3.26%) from the previous close of $7.026.
Notable session: moved more than 3% in a session.
Silver lost 3.26% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 17.22% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.917, making this a +14.87% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.80 per troy ounce on 29 December 2004. That is $0.23 lower than the previous close of $7.03, a move of -3.26%.
The silver price fell on 29 December 2004, losing $0.23 (3.26%) against the previous session's close of $7.03.
At $6.80 per troy ounce, one gram of pure silver was worth about $0.22 on 29 December 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 64.1 on 29 December 2004, meaning one ounce of gold was worth roughly 64.1 ounces of silver.
A month before 29 December 2004, silver was around $7.77 per troy ounce, so the close of $6.80 is a loss of 12.5% over the month.
A year before 29 December 2004, silver was around $5.92 per troy ounce. The close of $6.80 therefore represents a rise of 14.9% over twelve months.
It closed 17.22% below the highest close on record up to that date, which was set on 2004-04-06.