Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 7 July 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $6.110 per troy ounce on 7 July 2004, up $0.146 (2.45%) from the previous close of $5.964.
This was a 2.45% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This was the strongest close of the week up to that point.
This close sat 25.59% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.728, making this a +29.23% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.11 per troy ounce on 7 July 2004. That is $0.15 higher than the previous close of $5.96, a move of 2.45%.
The silver price rose on 7 July 2004, gaining $0.15 (2.45%) against the previous session's close of $5.96.
At $6.11 per troy ounce, one gram of pure silver was worth about $0.20 on 7 July 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 65.8 on 7 July 2004, meaning one ounce of gold was worth roughly 65.8 ounces of silver.
A week before 7 July 2004, silver was around $5.78 per troy ounce, so the close of $6.11 is a gain of 5.8% over the week.
A year before 7 July 2004, silver was around $4.73 per troy ounce. The close of $6.11 therefore represents a rise of 29.2% over twelve months.
It closed 25.59% below the highest close on record up to that date, which was set on 2004-04-06.