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 8 August 2005, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 26 July 2005
Silver closed at $6.996 per troy ounce on 8 August 2005, down $0.141 (1.98%) from the previous close of $7.137.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 14.80% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $6.767, making this a +3.38% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.00 per troy ounce on 8 August 2005. That is $0.14 lower than the previous close of $7.14, a move of -1.98%.
The silver price fell on 8 August 2005, losing $0.14 (1.98%) against the previous session's close of $7.14.
At $7.00 per troy ounce, one gram of pure silver was worth about $0.22 on 8 August 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 62.1 on 8 August 2005, meaning one ounce of gold was worth roughly 62.1 ounces of silver.
A week before 8 August 2005, silver was around $7.24 per troy ounce, so the close of $7.00 is a loss of 3.3% over the week.
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 14.80% below the highest close on record up to that date, which was set on 2004-04-06.