Highest so far that year
At the time, no session earlier in the year had closed higher.
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This page is a historical record of the silver price in 5 January 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $6.512 per troy ounce on 5 January 2005, up $0.085 (1.32%) from the previous close of $6.427.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
At the time, no session earlier in the year had closed higher.
This close sat 20.69% below the highest silver close recorded up to that date, set on 2004-04-06.
One of the ten lowest silver closes of that year, ranking 239 of 244 sessions.
Twelve months earlier silver traded around $6.233, making this a +4.48% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.51 per troy ounce on 5 January 2005. That is $0.09 higher than the previous close of $6.43, a move of 1.32%.
The silver price rose on 5 January 2005, gaining $0.09 (1.32%) against the previous session's close of $6.43.
At $6.51 per troy ounce, one gram of pure silver was worth about $0.21 on 5 January 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 65.5 on 5 January 2005, meaning one ounce of gold was worth roughly 65.5 ounces of silver.
A week before 5 January 2005, silver was around $6.80 per troy ounce, so the close of $6.51 is a loss of 4.2% over the week.
A month before 5 January 2005, silver was around $8.00 per troy ounce, so the close of $6.51 is a loss of 18.6% over the month.
It closed 20.69% below the highest close on record up to that date, which was set on 2004-04-06.