Distance from the record
This close sat 1.03% below the highest silver close recorded up to that date, set on 2004-01-06.
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This page is a historical record of the silver price in 7 January 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $6.251 per troy ounce on 7 January 2004, down $0.065 (1.03%) from the previous close of $6.316.
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.
This close sat 1.03% below the highest silver close recorded up to that date, set on 2004-01-06.
Twelve months earlier silver traded around $4.804, making this a +30.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.25 per troy ounce on 7 January 2004. That is $0.07 lower than the previous close of $6.32, a move of -1.03%.
The silver price fell on 7 January 2004, losing $0.07 (1.03%) against the previous session's close of $6.32.
At $6.25 per troy ounce, one gram of pure silver was worth about $0.20 on 7 January 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 67.5 on 7 January 2004, meaning one ounce of gold was worth roughly 67.5 ounces of silver.
A week before 7 January 2004, silver was around $5.95 per troy ounce, so the close of $6.25 is a gain of 5.0% over the week.
A month before 7 January 2004, silver was around $5.47 per troy ounce, so the close of $6.25 is a gain of 14.2% over the month.
A year before 7 January 2004, silver was around $4.80 per troy ounce. The close of $6.25 therefore represents a rise of 30.1% over twelve months.
It closed 1.03% below the highest close on record up to that date, which was set on 2004-01-06.