Distance from the record
This close sat 20.19% 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 3 September 2004, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 12 August 2004
Silver closed at $6.553 per troy ounce on 3 September 2004, down $0.215 (3.18%) from the previous close of $6.768.
Notable session: moved more than 3% in a session.
Silver lost 3.18% 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 20.19% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.060, making this a +29.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.55 per troy ounce on 3 September 2004. That is $0.22 lower than the previous close of $6.77, a move of -3.18%.
The silver price fell on 3 September 2004, losing $0.22 (3.18%) against the previous session's close of $6.77.
At $6.55 per troy ounce, one gram of pure silver was worth about $0.21 on 3 September 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 61.1 on 3 September 2004, meaning one ounce of gold was worth roughly 61.1 ounces of silver.
A year before 3 September 2004, silver was around $5.06 per troy ounce. The close of $6.55 therefore represents a rise of 29.5% over twelve months.
It closed 20.19% below the highest close on record up to that date, which was set on 2004-04-06.