Distance from the record
This close sat 29.13% 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 6 May 2004, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 24 December 2003
Silver closed at $5.819 per troy ounce on 6 May 2004, down $0.285 (4.67%) from the previous close of $6.104.
Notable session: moved more than 3% in a session.
Silver lost 4.67% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 29.13% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.787, making this a +21.56% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $5.82 per troy ounce on 6 May 2004. That is $0.29 lower than the previous close of $6.10, a move of -4.67%.
The silver price fell on 6 May 2004, losing $0.29 (4.67%) against the previous session's close of $6.10.
At $5.82 per troy ounce, one gram of pure silver was worth about $0.19 on 6 May 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 66.7 on 6 May 2004, meaning one ounce of gold was worth roughly 66.7 ounces of silver.
A month before 6 May 2004, silver was around $8.21 per troy ounce, so the close of $5.82 is a loss of 29.1% over the month.
A year before 6 May 2004, silver was around $4.79 per troy ounce. The close of $5.82 therefore represents a rise of 21.6% over twelve months.
It closed 29.13% below the highest close on record up to that date, which was set on 2004-04-06.