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 7 June 2004, not the current price.See today's silver price (11 September 2026)
Highest closing price since 28 May 2004
Silver closed at $5.894 per troy ounce on 7 June 2004, up $0.091 (1.57%) from the previous close of $5.803.
No earlier session that month closed above this level.
This close sat 28.22% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $4.538, making this a +29.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $5.89 per troy ounce on 7 June 2004. That is $0.09 higher than the previous close of $5.80, a move of 1.57%.
The silver price rose on 7 June 2004, gaining $0.09 (1.57%) against the previous session's close of $5.80.
At $5.89 per troy ounce, one gram of pure silver was worth about $0.19 on 7 June 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 66.8 on 7 June 2004, meaning one ounce of gold was worth roughly 66.8 ounces of silver.
A week before 7 June 2004, silver was around $6.11 per troy ounce, so the close of $5.89 is a loss of 3.5% over the week.
A month before 7 June 2004, silver was around $5.59 per troy ounce, so the close of $5.89 is a gain of 5.5% over the month.
A year before 7 June 2004, silver was around $4.54 per troy ounce. The close of $5.89 therefore represents a rise of 29.9% over twelve months.
It closed 28.22% below the highest close on record up to that date, which was set on 2004-04-06.