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Silver Price in March 2004

In March 2004, silver rose 18.5%, from $6.70 at the end of February to $7.94 per troy ounce on March 31, 2004. The highest close was $7.94 on March 31, 2004, the lowest $6.71 on March 2, 2004, and the average over 23 trading days was $7.29. Today's price is 620.9% higher than the March 2004 close.

End of February
$6.70
Month-end close
$7.94
Mar 31
Change
+18.5%
High
$7.94
Mar 31
Low
$6.71
Mar 2
Average
$7.29
23 trading days

Silver price chart, March 2004

US dollars per troy ounce · daily close
$6.60$7.32$8.04Feb 27Mar 4Mar 10Mar 16Mar 19Mar 25Mar 31

Daily Silver Prices, March 2004

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram999 India, ₹ per kgUAE, AED per kg
Mar 1Mon$6.93+3.46% $0.22 ₹10,062AED 817.79
Mar 2Tue$6.71−3.15% $0.22 ₹9,747AED 792.06
Mar 3Wed$6.74+0.49% $0.22 ₹9,788AED 795.95
Mar 4Thu$6.76+0.24% $0.22 ₹9,829AED 797.84
Mar 5Fri$6.98+3.28% $0.22 ₹10,143AED 824.18
Mar 8Mon$6.97−0.10% $0.22 ₹10,130AED 823.22
Mar 9Tue$7.17+2.75% $0.23 ₹10,397AED 845.89
Mar 10Wed$7.17+0.07% $0.23 ₹10,400AED 846.48
Mar 11Thu$7.18+0.14% $0.23 ₹10,432AED 847.75
Mar 12Fri$7.05−1.81% $0.23 ₹10,240AED 832.31
Mar 15Mon$7.13+1.09% $0.23 ₹10,352AED 841.40
Mar 16Tue$7.16+0.38% $0.23 ₹10,386AED 844.59
Mar 17Wed$7.25+1.30% $0.23 ₹10,526AED 855.56
Mar 18Thu$7.45+2.83% $0.24 ₹10,819AED 879.76
Mar 19Fri$7.55+1.31% $0.24 ₹10,947AED 891.48
Mar 22Mon$7.62+0.89% $0.24 ₹11,039AED 899.24
Mar 23Tue$7.70+1.05% $0.25 ₹11,090AED 908.68
Mar 24Wed$7.64−0.75% $0.25 ₹10,969AED 901.84
Mar 25Thu$7.59−0.63% $0.24 ₹10,901AED 896.17
Mar 26Fri$7.71+1.51% $0.25 ₹11,026AED 909.87
Mar 29Mon$7.62−1.19% $0.24 ₹10,768AED 898.89
Mar 30Tue$7.77+1.98% $0.25 ₹10,939AED 916.71
Mar 31Wed$7.94+2.19% $0.26 ₹11,057AED 936.78
Daily closing prices of COMEX front-month silver futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

How March usually goes for silver

In the 20 years from 2006 to 2025, silver rose in March 9 times out of 20, with an average move of +1.0% and a median of −0.5%.

Silver in March 2004: FAQ

What was the price of silver in March 2004?

Silver traded between $6.71 and $7.94 per troy ounce (daily closes) in March 2004, averaging $7.29. It closed the month at $7.94.

How much did silver go up in March 2004?

Silver rose 18.5%, from $6.70 to $7.94. The biggest daily rise was +3.5% on March 1, 2004 and the biggest fall −3.1% on March 2, 2004.

What was the silver price on March 1, 2004?

Silver closed at $6.93 per troy ounce on March 1, 2004, the first trading day of the month. 999 India, ₹ per kg: ₹10,062.

Is March usually a good month for silver?

In the 20 years from 2006 to 2025, silver rose in March 9 times out of 20, with an average move of +1.0% and a median of −0.5%. Past seasonal patterns are not a reliable guide to any single year.