Distance from the record
This close sat 28.72% 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 June 2004, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 16 June 2004
Silver closed at $5.853 per troy ounce on 29 June 2004, down $0.044 (0.75%) from the previous close of $5.897.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 28.72% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.505, making this a +29.92% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $5.85 per troy ounce on 29 June 2004. That is $0.04 lower than the previous close of $5.90, a move of -0.75%.
The silver price fell on 29 June 2004, losing $0.04 (0.75%) against the previous session's close of $5.90.
At $5.85 per troy ounce, one gram of pure silver was worth about $0.19 on 29 June 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 67.1 on 29 June 2004, meaning one ounce of gold was worth roughly 67.1 ounces of silver.
A year before 29 June 2004, silver was around $4.51 per troy ounce. The close of $5.85 therefore represents a rise of 29.9% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 28.72% below the highest close on record up to that date, which was set on 2004-04-06.