Distance from the record
This close sat 24.76% 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 8 September 2004, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 7 July 2004
Silver closed at $6.178 per troy ounce on 8 September 2004, down $0.021 (0.34%) from the previous close of $6.199.
This close extended a run of 4 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 close sat 24.76% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $5.089, making this a +21.40% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $6.18 per troy ounce on 8 September 2004. That is $0.02 lower than the previous close of $6.20, a move of -0.34%.
The silver price fell on 8 September 2004, losing $0.02 (0.34%) against the previous session's close of $6.20.
At $6.18 per troy ounce, one gram of pure silver was worth about $0.20 on 8 September 2004. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 64.6 on 8 September 2004, meaning one ounce of gold was worth roughly 64.6 ounces of silver.
A week before 8 September 2004, silver was around $6.92 per troy ounce, so the close of $6.18 is a loss of 10.7% over the week.
A month before 8 September 2004, silver was around $6.77 per troy ounce, so the close of $6.18 is a loss of 8.7% over the month.
A year before 8 September 2004, silver was around $5.09 per troy ounce. The close of $6.18 therefore represents a rise of 21.4% over twelve months.
This close was session 4 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 24.76% below the highest close on record up to that date, which was set on 2004-04-06.