Distance from the record
This close sat 10.18% 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 October 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.375 per troy ounce on 4 October 2005, down $0.028 (0.38%) from the previous close of $7.403.
Notable session: lowest close of the month.
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 10.18% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.740, making this a +9.42% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.38 per troy ounce on 4 October 2005. That is $0.03 lower than the previous close of $7.40, a move of -0.38%.
The silver price fell on 4 October 2005, losing $0.03 (0.38%) against the previous session's close of $7.40.
At $7.38 per troy ounce, one gram of pure silver was worth about $0.24 on 4 October 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 63.2 on 4 October 2005, meaning one ounce of gold was worth roughly 63.2 ounces of silver.
A month before 4 October 2005, silver was around $7.00 per troy ounce, so the close of $7.38 is a gain of 5.4% over the month.
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 10.18% below the highest close on record up to that date, which was set on 2004-04-06.