Distance from the record
This close sat 12.98% below the highest silver close recorded up to that date, set on 2004-04-06.
Loading…
This page is a historical record of the silver price in 3 November 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.145 per troy ounce on 3 November 2004, up $0.138 (1.97%) from the previous close of $7.007.
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 12.98% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.921, making this a +45.19% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.14 per troy ounce on 3 November 2004. That is $0.14 higher than the previous close of $7.01, a move of 1.97%.
The silver price rose on 3 November 2004, gaining $0.14 (1.97%) against the previous session's close of $7.01.
At $7.14 per troy ounce, one gram of pure silver was worth about $0.23 on 3 November 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 59.4 on 3 November 2004, meaning one ounce of gold was worth roughly 59.4 ounces of silver.
A year before 3 November 2004, silver was around $4.92 per troy ounce. The close of $7.14 therefore represents a rise of 45.2% over twelve months.
It closed 12.98% below the highest close on record up to that date, which was set on 2004-04-06.