Silver Price in May 2004
In May 2004, silver rose 0.4%, from $6.08 at the end of April to $6.11 per troy ounce on May 28, 2004. The highest close was $6.19 on May 27, 2004, the lowest $5.51 on May 11, 2004, and the average over 20 trading days was $5.85. Today's price is 835.9% higher than the May 2004 close.
Silver price chart, May 2004
US dollars per troy ounce · daily closeDaily Silver Prices, May 2004
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 999 India, ₹ per kg | UAE, AED per kg |
|---|---|---|---|---|---|
| May 3Mon | $6.02 | −1.02% | $0.19 | ₹8,567 | AED 710.23 |
| May 4Tue | $6.04 | +0.35% | $0.19 | ₹8,689 | AED 712.71 |
| May 5Wed | $6.10 | +1.11% | $0.20 | ₹8,745 | AED 720.62 |
| May 6Thu | $5.82 | −4.67% | $0.19 | ₹8,342 | AED 686.88 |
| May 7Fri | $5.59 | −3.95% | $0.18 | ₹8,002 | AED 659.84 |
| May 10Mon | $5.76 | +2.99% | $0.19 | ₹8,323 | AED 679.54 |
| May 11Tue | $5.51 | −4.20% | $0.18 | ₹8,008 | AED 650.97 |
| May 12Wed | $5.56 | +0.76% | $0.18 | ₹8,094 | AED 655.93 |
| May 13Thu | $5.61 | +0.92% | $0.18 | ₹8,141 | AED 661.95 |
| May 14Fri | $5.72 | +2.03% | $0.18 | ₹8,347 | AED 675.32 |
| May 17Mon | $5.67 | −0.93% | $0.18 | ₹8,279 | AED 669.06 |
| May 18Tue | $5.67 | +0.09% | $0.18 | ₹8,271 | AED 669.74 |
| May 19Wed | $5.92 | +4.35% | $0.19 | ₹8,580 | AED 698.90 |
| May 20Thu | $5.77 | −2.48% | $0.19 | ₹8,373 | AED 681.45 |
| May 21Fri | $5.86 | +1.56% | $0.19 | ₹8,518 | AED 692.17 |
| May 24Mon | $5.99 | +2.17% | $0.19 | ₹8,701 | AED 707.16 |
| May 25Tue | $6.08 | +1.47% | $0.20 | ₹8,847 | AED 717.55 |
| May 26Wed | $6.05 | −0.49% | $0.19 | ₹8,802 | AED 714.01 |
| May 27Thu | $6.19 | +2.35% | $0.20 | ₹9,014 | AED 730.78 |
| May 28Fri | $6.11 | −1.37% | $0.20 | ₹8,890 | AED 720.74 |
How May usually goes for silver
In the 20 years from 2006 to 2025, silver rose in May 9 times out of 20, with an average move of +0.3% and a median of −0.7%.
Silver in May 2004: FAQ
What was the price of silver in May 2004?
Silver traded between $5.51 and $6.19 per troy ounce (daily closes) in May 2004, averaging $5.85. It closed the month at $6.11.
How much did silver go up in May 2004?
Silver rose 0.4%, from $6.08 to $6.11. The biggest daily rise was +4.4% on May 19, 2004 and the biggest fall −4.7% on May 6, 2004.
What was the silver price on May 3, 2004?
Silver closed at $6.02 per troy ounce on May 3, 2004, the first trading day of the month. 999 India, ₹ per kg: ₹8,567.
Is May usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in May 9 times out of 20, with an average move of +0.3% and a median of −0.7%. Past seasonal patterns are not a reliable guide to any single year.