Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 31 October 2005, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 6 October 2005
Silver closed at $7.550 per troy ounce on 31 October 2005, down $0.240 (3.08%) from the previous close of $7.790.
Notable session: moved more than 3% in a session.
Silver lost 3.08% 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 was the strongest close of the week up to that point.
This close sat 8.05% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $7.292, making this a +3.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.55 per troy ounce on 31 October 2005. That is $0.24 lower than the previous close of $7.79, a move of -3.08%.
The silver price fell on 31 October 2005, losing $0.24 (3.08%) against the previous session's close of $7.79.
At $7.55 per troy ounce, one gram of pure silver was worth about $0.24 on 31 October 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 61.6 on 31 October 2005, meaning one ounce of gold was worth roughly 61.6 ounces of silver.
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 8.05% below the highest close on record up to that date, which was set on 2004-04-06.