Distance from the record
This close sat 10.23% 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 4 November 2004, not the current price.See today's silver price (11 September 2026)
Silver jumps 3.2% in a single session
Silver closed at $7.371 per troy ounce on 4 November 2004, up $0.226 (3.16%) from the previous close of $7.145.
Notable session: moved more than 3% in a session.
This was a 3.16% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This close sat 10.23% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.024, making this a +46.72% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.37 per troy ounce on 4 November 2004. That is $0.23 higher than the previous close of $7.14, a move of 3.16%.
The silver price rose on 4 November 2004, gaining $0.23 (3.16%) against the previous session's close of $7.14.
At $7.37 per troy ounce, one gram of pure silver was worth about $0.24 on 4 November 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 58.4 on 4 November 2004, meaning one ounce of gold was worth roughly 58.4 ounces of silver.
A week before 4 November 2004, silver was around $7.19 per troy ounce, so the close of $7.37 is a gain of 2.6% over the week.
A month before 4 November 2004, silver was around $6.74 per troy ounce, so the close of $7.37 is a gain of 9.4% over the month.
A year before 4 November 2004, silver was around $5.02 per troy ounce. The close of $7.37 therefore represents a rise of 46.7% over twelve months.
It closed 10.23% below the highest close on record up to that date, which was set on 2004-04-06.