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Silver Price in October 2004

In October 2004, silver rose 5.4%, from $6.92 at the end of September to $7.29 per troy ounce on October 29, 2004. The highest close was $7.36 on October 25, 2004, the lowest $6.74 on October 4, 2004, and the average over 21 trading days was $7.15. Today's price is 684.2% higher than the October 2004 close.

End of September
$6.92
Month-end close
$7.29
Oct 29
Change
+5.4%
High
$7.36
Oct 25
Low
$6.74
Oct 4
Average
$7.15
21 trading days

Silver price chart, October 2004

US dollars per troy ounce · daily close
$6.69$7.05$7.41Sep 30Oct 6Oct 11Oct 15Oct 20Oct 26Oct 29

Daily Silver Prices, October 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
Oct 1Fri$6.92+0.03% $0.22 ₹10,222AED 816.72
Oct 4Mon$6.74−2.57% $0.22 ₹9,914AED 795.69
Oct 5Tue$7.08+5.03% $0.23 ₹10,416AED 835.71
Oct 6Wed$7.22+2.02% $0.23 ₹10,622AED 852.59
Oct 7Thu$7.19−0.39% $0.23 ₹10,581AED 849.28
Oct 8Fri$7.27+1.10% $0.23 ₹10,674AED 858.52
Oct 11Mon$7.23−0.59% $0.23 ₹10,610AED 853.56
Oct 12Tue$7.03−2.72% $0.23 ₹10,350AED 830.28
Oct 13Wed$6.88−2.20% $0.22 ₹10,121AED 811.98
Oct 14Thu$7.04+2.30% $0.23 ₹10,360AED 830.54
Oct 15Fri$7.09+0.78% $0.23 ₹10,431AED 837.03
Oct 18Mon$6.97−1.73% $0.22 ₹10,249AED 822.62
Oct 19Tue$7.18+2.99% $0.23 ₹10,539AED 847.18
Oct 20Wed$7.33+2.19% $0.24 ₹10,771AED 865.72
Oct 21Thu$7.29−0.57% $0.23 ₹10,701AED 860.76
Oct 22Fri$7.31+0.32% $0.24 ₹10,725AED 863.47
Oct 25Mon$7.36+0.64% $0.24 ₹10,765AED 868.90
Oct 26Tue$7.32−0.54% $0.24 ₹10,726AED 864.30
Oct 27Wed$7.19−1.83% $0.23 ₹10,528AED 848.48
Oct 28Thu$7.190.00% $0.23 ₹10,528AED 848.48
Oct 29Fri$7.29+1.46% $0.23 ₹10,623AED 860.76
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 October usually goes for silver

In the 20 years from 2006 to 2025, silver rose in October 14 times out of 20, with an average move of +1.5% and a median of +1.8%.

Silver in October 2004: FAQ

What was the price of silver in October 2004?

Silver traded between $6.74 and $7.36 per troy ounce (daily closes) in October 2004, averaging $7.15. It closed the month at $7.29.

How much did silver go up in October 2004?

Silver rose 5.4%, from $6.92 to $7.29. The biggest daily rise was +5.0% on October 5, 2004 and the biggest fall −2.7% on October 12, 2004.

What was the silver price on October 1, 2004?

Silver closed at $6.92 per troy ounce on October 1, 2004, the first trading day of the month. 999 India, ₹ per kg: ₹10,222.

Is October usually a good month for silver?

In the 20 years from 2006 to 2025, silver rose in October 14 times out of 20, with an average move of +1.5% and a median of +1.8%. Past seasonal patterns are not a reliable guide to any single year.