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This page is a historical record of the silver price in August 2004, not the current price.See today's silver price (11 September 2026)
Silver ranged between $6.519 and $6.866 per troy ounce during August 2004, averaging $6.694 across 22 trading days. It finished the period at $6.771, up 3.37% from $6.550.
The strongest session of August 2004 was 30 August 2004 at +1.78%, and the weakest 11 August 2004 at -2.90%.
Twelve months earlier silver traded around $5.109, making this a +32.53% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 2 August 2004 | $6.610 | +$0.060 |
| 3 August 2004 | $6.675 | +$0.065 |
| 4 August 2004 | $6.727 | +$0.052 |
| 5 August 2004 | $6.740 | +$0.013 |
| 6 August 2004 | $6.767 | +$0.027 |
| 9 August 2004 | $6.729 | −$0.038 |
| 10 August 2004 | $6.714 | −$0.015 |
| 11 August 2004 | $6.519 | −$0.195 |
| 12 August 2004 | $6.549 | +$0.030 |
| 13 August 2004 | $6.617 | +$0.068 |
| 16 August 2004 | $6.730 | +$0.113 |
| 17 August 2004 | $6.723 | −$0.007 |
| 18 August 2004 | $6.830 | +$0.107 |
| 19 August 2004 | $6.815 | −$0.015 |
| 20 August 2004 | $6.866 | +$0.051 |
| 23 August 2004 | $6.741 | −$0.125 |
| 24 August 2004 | $6.574 | −$0.167 |
| 25 August 2004 | $6.610 | +$0.036 |
| 26 August 2004 | $6.675 | +$0.065 |
| 27 August 2004 | $6.588 | −$0.087 |
| 30 August 2004 | $6.705 | +$0.117 |
| 31 August 2004 | $6.771 | +$0.066 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Silver finished August 2004 at $6.77 per troy ounce, having risen $0.22 (3.37%) over the month. It has traded between $6.52 and $6.87 across 22 trading days.
The average silver closing price in August 2004 was $6.69 per troy ounce, calculated across all 22 trading days in the month.
Silver reached its highest close of August 2004 at $6.87 per troy ounce on 20 August 2004.
The lowest silver close in August 2004 was $6.52 per troy ounce on 11 August 2004.
Silver rose during August 2004. It entered the month at $6.55 and closed at $6.77, a change of 3.37%.
Silver closed higher on 14 sessions and lower on 8 during August 2004. The strongest session was 30 August 2004 (+1.78%) and the weakest 11 August 2004 (-2.90%).
Daily closes in August 2004 varied with a standard deviation of 1.29% per session, and the peak-to-trough spread across the month was 5.3% ($6.52 to $6.87).
At the August 2004 close of $6.77 per troy ounce, silver worked out at about $0.22 per gram and $217.69 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 60.0 through August 2004 and finished the month near 60.6. A higher ratio means silver is cheap relative to gold.
Silver was around $5.11 per troy ounce twelve months before the end of August 2004. Closing at $6.77 makes that a gain of 32.5% year on year.