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 May 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.050 per troy ounce on 5 May 2005, up $0.068 (0.97%) from the previous close of $6.982.
This close extended a run of 3 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 14.14% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.104, making this a +15.50% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.05 per troy ounce on 5 May 2005. That is $0.07 higher than the previous close of $6.98, a move of 0.97%.
The silver price rose on 5 May 2005, gaining $0.07 (0.97%) against the previous session's close of $6.98.
At $7.05 per troy ounce, one gram of pure silver was worth about $0.23 on 5 May 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 61.0 on 5 May 2005, meaning one ounce of gold was worth roughly 61.0 ounces of silver.
A year before 5 May 2005, silver was around $6.10 per troy ounce. The close of $7.05 therefore represents a rise of 15.5% over twelve months.
This close was session 3 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 14.14% below the highest close on record up to that date, which was set on 2004-04-06.