Silver Price in 2005
In 2005, silver rose 29.6%, closing the year at $8.82 per troy ounce, compared with $6.81 at the end of 2004. The highest close was $9.00 on December 9, 2005 and the lowest $6.43 on January 4, 2005; the average for the year was $7.32. Today's price is 552.3% above the 2005 close.
Silver price chart, 2005
USD per troy ounce · daily closeMonthly Silver Prices in 2005
Month-end close and range, US dollars per troy ounce. Choose a month for every day's price.
| Month | Close | High | Low | Change |
|---|---|---|---|---|
| January | $6.74 | $6.85 | $6.43 | −1.0% |
| February | $7.36 | $7.52 | $6.55 | +9.2% |
| March | $7.19 | $7.60 | $6.91 | −2.3% |
| April | $6.90 | $7.33 | $6.90 | −4.0% |
| May | $7.44 | $7.44 | $6.84 | +7.9% |
| June | $7.03 | $7.53 | $7.03 | −5.6% |
| July | $7.24 | $7.24 | $6.83 | +3.0% |
| August | $6.78 | $7.28 | $6.69 | −6.3% |
| September | $7.46 | $7.49 | $6.94 | +10.0% |
| October | $7.55 | $7.83 | $7.38 | +1.2% |
| November | $8.28 | $8.35 | $7.44 | +9.7% |
| December | $8.82 | $9.00 | $8.31 | +6.5% |
Silver in 2005 at a Glance
- Silver rose 29.6% in US dollars. In EUR terms it rose 49.1%, and in MXN terms it rose 23.7% — the difference comes from currency moves.
- It did better than Gold (+18.2%) and S&P 500 (with dividends) (+4.9%).
- After US inflation of 3.4%, the real change was +25.3%.
Key Events in 2005
What happened, and how silver moved that day (or the next trading day) and about a month later.
- Thursday, July 21China ends the yuan's dollar peg, revaluing it to 8.11 per dollar. SourceSilver: +1.0% that day · −0.7% a month later
Silver in 2005: records, milestones and the London price chart →
Silver in other currencies, 2005
| Currency | Change |
|---|---|
| EUR | +49.1% |
| JPY | +48.5% |
| ZAR | +45.3% |
| GBP | +44.9% |
| INR | +33.5% |
| PKR | +31.2% |
| CNY | +26.5% |
| CAD | +25.0% |
| MXN | +23.7% |
Price in each currency at the year-end exchange rate, year-end to year-end. A falling currency makes silver rise more in local terms.
Silver vs other assets, 2005
| Asset | Change (USD) |
|---|---|
| Gold | +18.2% |
| S&P 500 (with dividends) | +4.9% |
| US inflation (CPI) | +3.4% |
Silver Price on Festivals in 2005
| Festival | Date | Price |
|---|---|---|
| Gudi Padwa | Sat 9 Apr | ₹10,050 ₹/kg |
| Akshaya Tritiya | Wed 11 May | ₹9,838 ₹/kg |
| Navratri | Tue 4 Oct | ₹10,442 ₹/kg |
| Dussehra | Wed 12 Oct | ₹11,205 ₹/kg |
| Dhanteras | Sun 30 Oct | ₹11,273 ₹/kg |
| Diwali | Tue 1 Nov | ₹10,767 ₹/kg |
International price converted at that day's rate, before local taxes and making charges.
Silver in 2005: FAQ
What was the price of silver in 2005?
Silver traded between $6.43 and $9.00 per troy ounce in 2005 (daily closes), averaging $7.32. It closed the year at $8.82.
How much did silver go up in 2005?
Silver rose 29.6% in 2005, from $6.81 to $8.82 per ounce.
What was the highest silver price in 2005?
The highest daily close in 2005 was $9.00 per troy ounce on December 9, 2005.
What was the best month for silver in 2005?
September (+10.0%). The weakest was August (−6.3%).
How much did silver rise in rupees in 2005?
Silver rose 33.5% in Indian rupee terms in 2005, compared with +29.6% in US dollars.
Did silver beat the stock market in 2005?
Yes. Silver was +29.6% for the year, against +4.9% for the S&P 500 with dividends reinvested.
What was the biggest event for silver in 2005?
Of the key events listed on this page, the biggest one-day reaction was on 21 July: China ends the yuan's dollar peg, revaluing it to 8.11 per dollar. Silver moved +1.0% that day.
Daily closing prices of COMEX front-month silver futures (US dollars per troy ounce), which track the spot price closely. Download the full daily series as CSV (free to use with a link to this site).