Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 5 August 2004, not the current price.See today's silver price (11 September 2026)
Highest closing price since 20 April 2004
Silver closed at $6.740 per troy ounce on 5 August 2004, up $0.013 (0.19%) from the previous close of $6.727.
This close extended a run of 5 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 17.91% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.936, making this a +36.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.74 per troy ounce on 5 August 2004. That is $0.01 higher than the previous close of $6.73, a move of 0.19%.
The silver price rose on 5 August 2004, gaining $0.01 (0.19%) against the previous session's close of $6.73.
At $6.74 per troy ounce, one gram of pure silver was worth about $0.22 on 5 August 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 58.2 on 5 August 2004, meaning one ounce of gold was worth roughly 58.2 ounces of silver.
A week before 5 August 2004, silver was around $6.34 per troy ounce, so the close of $6.74 is a gain of 6.2% over the week.
A month before 5 August 2004, silver was around $6.00 per troy ounce, so the close of $6.74 is a gain of 12.4% over the month.
A year before 5 August 2004, silver was around $4.94 per troy ounce. The close of $6.74 therefore represents a rise of 36.5% over twelve months.
This close was session 5 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 17.91% below the highest close on record up to that date, which was set on 2004-04-06.
The most recent higher close was about 4 months earlier — 74 trading sessions before this one.