Distance from the record
This close sat 22.73% 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 July 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $6.345 per troy ounce on 29 July 2004, down $0.018 (0.28%) from the previous close of $6.363.
This close sat 22.73% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.162, making this a +22.92% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.34 per troy ounce on 29 July 2004. That is $0.02 lower than the previous close of $6.36, a move of -0.28%.
The silver price fell on 29 July 2004, losing $0.02 (0.28%) against the previous session's close of $6.36.
At $6.34 per troy ounce, one gram of pure silver was worth about $0.20 on 29 July 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 61.0 on 29 July 2004, meaning one ounce of gold was worth roughly 61.0 ounces of silver.
A month before 29 July 2004, silver was around $5.85 per troy ounce, so the close of $6.34 is a gain of 8.4% over the month.
A year before 29 July 2004, silver was around $5.16 per troy ounce. The close of $6.34 therefore represents a rise of 22.9% over twelve months.
It closed 22.73% below the highest close on record up to that date, which was set on 2004-04-06.