Distance from the record
This close sat 21.70% 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 7 January 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $6.429 per troy ounce on 7 January 2005, down $0.004 (0.06%) from the previous close of $6.433.
Silver barely moved, closing within 0.06% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 21.70% 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 243 of 244 sessions.
Twelve months earlier silver traded around $6.251, making this a +2.85% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.43 per troy ounce on 7 January 2005. That is $0.00 lower than the previous close of $6.43, a move of -0.06%.
The silver price fell on 7 January 2005, losing $0.00 (0.06%) against the previous session's close of $6.43.
At $6.43 per troy ounce, one gram of pure silver was worth about $0.21 on 7 January 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 65.2 on 7 January 2005, meaning one ounce of gold was worth roughly 65.2 ounces of silver.
A week before 7 January 2005, silver was around $6.81 per troy ounce, so the close of $6.43 is a loss of 5.6% over the week.
A month before 7 January 2005, silver was around $7.84 per troy ounce, so the close of $6.43 is a loss of 18.0% over the month.
It closed 21.70% below the highest close on record up to that date, which was set on 2004-04-06.