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 March 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $6.974 per troy ounce on 8 March 2004, down $0.007 (0.10%) from the previous close of $6.981.
Silver barely moved, closing within 0.10% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This was the strongest close of the week up to that point.
Twelve months earlier silver traded around $4.676, making this a +49.14% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.97 per troy ounce on 8 March 2004. That is $0.01 lower than the previous close of $6.98, a move of -0.10%.
The silver price fell on 8 March 2004, losing $0.01 (0.10%) against the previous session's close of $6.98.
At $6.97 per troy ounce, one gram of pure silver was worth about $0.22 on 8 March 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 57.4 on 8 March 2004, meaning one ounce of gold was worth roughly 57.4 ounces of silver.
A week before 8 March 2004, silver was around $6.70 per troy ounce, so the close of $6.97 is a gain of 4.2% over the week.
A month before 8 March 2004, silver was around $6.28 per troy ounce, so the close of $6.97 is a gain of 11.1% over the month.
A year before 8 March 2004, silver was around $4.68 per troy ounce. The close of $6.97 therefore represents a rise of 49.1% over twelve months.
It closed 0.10% below the highest close on record up to that date, which was set on 2004-03-05.