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 September 2004, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 7 July 2004
Silver closed at $6.199 per troy ounce on 7 September 2004, down $0.354 (5.40%) from the previous close of $6.553.
Notable session: moved more than 3% in a session.
Silver lost 5.40% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This was the strongest close of the week up to that point.
This close sat 24.50% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.129, making this a +20.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.20 per troy ounce on 7 September 2004. That is $0.35 lower than the previous close of $6.55, a move of -5.40%.
The silver price fell on 7 September 2004, losing $0.35 (5.40%) against the previous session's close of $6.55.
At $6.20 per troy ounce, one gram of pure silver was worth about $0.20 on 7 September 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 64.1 on 7 September 2004, meaning one ounce of gold was worth roughly 64.1 ounces of silver.
A week before 7 September 2004, silver was around $6.77 per troy ounce, so the close of $6.20 is a loss of 8.4% over the week.
A month before 7 September 2004, silver was around $6.77 per troy ounce, so the close of $6.20 is a loss of 8.4% over the month.
A year before 7 September 2004, silver was around $5.13 per troy ounce. The close of $6.20 therefore represents a rise of 20.9% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 24.50% below the highest close on record up to that date, which was set on 2004-04-06.