Distance from the record
This close sat 9.52% 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 June 2005, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 27 May 2005
Silver closed at $7.429 per troy ounce on 7 June 2005, down $0.092 (1.22%) from the previous close of $7.521.
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 9.52% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.894, making this a +26.04% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.43 per troy ounce on 7 June 2005. That is $0.09 lower than the previous close of $7.52, a move of -1.22%.
The silver price fell on 7 June 2005, losing $0.09 (1.22%) against the previous session's close of $7.52.
At $7.43 per troy ounce, one gram of pure silver was worth about $0.24 on 7 June 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 57.2 on 7 June 2005, meaning one ounce of gold was worth roughly 57.2 ounces of silver.
A month before 7 June 2005, silver was around $6.95 per troy ounce, so the close of $7.43 is a gain of 6.9% over the month.
A year before 7 June 2005, silver was around $5.89 per troy ounce. The close of $7.43 therefore represents a rise of 26.0% over twelve months.
It closed 9.52% below the highest close on record up to that date, which was set on 2004-04-06.