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 November 2004, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.477 per troy ounce on 8 November 2004, down $0.016 (0.21%) from the previous close of $7.493.
This was the strongest close of the week up to that point.
This close sat 8.94% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.052, making this a +48.00% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.48 per troy ounce on 8 November 2004. That is $0.02 lower than the previous close of $7.49, a move of -0.21%.
The silver price fell on 8 November 2004, losing $0.02 (0.21%) against the previous session's close of $7.49.
At $7.48 per troy ounce, one gram of pure silver was worth about $0.24 on 8 November 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 57.9 on 8 November 2004, meaning one ounce of gold was worth roughly 57.9 ounces of silver.
A week before 8 November 2004, silver was around $7.72 per troy ounce, so the close of $7.48 is a loss of 3.2% over the week.
A year before 8 November 2004, silver was around $5.05 per troy ounce. The close of $7.48 therefore represents a rise of 48.0% over twelve months.
It closed 8.94% below the highest close on record up to that date, which was set on 2004-04-06.