Silver Price in June 2005
In June 2005, silver fell 5.6%, from $7.44 at the end of May to $7.03 per troy ounce on June 30, 2005. The highest close was $7.53 on June 2, 2005, the lowest $7.03 on June 30, 2005, and the average over 21 trading days was $7.32. Today's price is 668.3% higher than the June 2005 close.
- Silver fell 5.6% in US dollars in June 2005, leaving it up 3.2% for the year to date.
- Measured in other currencies, the change ranged from −7.8% in CAD to −3.4% in JPY, because exchange rates moved too.
- It did worse than gold (+4.7%) and US stocks (+0.1%).
- It closed higher on 10 trading days and lower on 11, with an average daily move of 0.65%.
- At the end of the month it was 14.4% below its highest close since 2000.
- Gold/silver ratio: 55.9 → 62.0.
Silver price chart, June 2005
US dollars per troy ounce · daily closeSilver in other currencies, June 2005
| Currency | Change in the month |
|---|---|
| JPY | −3.4% |
| EUR | −3.9% |
| GBP | −4.1% |
| PKR | −5.4% |
| CNY | −5.6% |
| INR | −5.9% |
| MXN | −6.8% |
| ZAR | −7.5% |
| TRY | −7.7% |
| CAD | −7.8% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes silver rise more in local terms.
Silver vs other assets, June 2005
| Asset | Change (USD) |
|---|---|
| Silver | −5.6% |
| Gold | +4.7% |
| S&P 500 (with dividends) | +0.1% |
| US inflation (CPI, month) | +0.05% |
| Silver, year to date (end of June) | +3.2% |
| Gold/silver ratio | 55.9 → 62.0 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, June 2005
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 |
|---|---|---|---|---|---|
| Jun 1Wed | $7.51 | +0.86% | $0.24 | ₹10,553 | AED 886.26 |
| Jun 2Thu | $7.53 | +0.24% | $0.24 | ₹10,574 | AED 888.38 |
| Jun 3Fri | $7.49 | −0.48% | $0.24 | ₹10,490 | AED 884.44 |
| Jun 6Mon | $7.52 | +0.41% | $0.24 | ₹10,523 | AED 887.79 |
| Jun 7Tue | $7.43 | −1.22% | $0.24 | ₹10,385 | AED 876.93 |
| Jun 8Wed | $7.46 | +0.39% | $0.24 | ₹10,411 | AED 880.35 |
| Jun 9Thu | $7.26 | −2.68% | $0.23 | ₹10,141 | AED 856.74 |
| Jun 10Fri | $7.28 | +0.25% | $0.23 | ₹10,169 | AED 859.17 |
| Jun 13Mon | $7.25 | −0.32% | $0.23 | ₹10,153 | AED 856.18 |
| Jun 14Tue | $7.27 | +0.22% | $0.23 | ₹10,185 | AED 858.04 |
| Jun 15Wed | $7.32 | +0.70% | $0.24 | ₹10,237 | AED 864.06 |
| Jun 16Thu | $7.36 | +0.55% | $0.24 | ₹10,289 | AED 868.83 |
| Jun 17Fri | $7.33 | −0.41% | $0.24 | ₹10,249 | AED 865.55 |
| Jun 20Mon | $7.30 | −0.45% | $0.23 | ₹10,201 | AED 861.40 |
| Jun 21Tue | $7.29 | −0.14% | $0.23 | ₹10,187 | AED 860.22 |
| Jun 22Wed | $7.25 | −0.47% | $0.23 | ₹10,125 | AED 856.20 |
| Jun 23Thu | $7.27 | +0.23% | $0.23 | ₹10,163 | AED 858.18 |
| Jun 24Fri | $7.28 | +0.11% | $0.23 | ₹10,176 | AED 859.41 |
| Jun 27Mon | $7.24 | −0.52% | $0.23 | ₹10,107 | AED 854.67 |
| Jun 28Tue | $7.10 | −1.99% | $0.23 | ₹9,920 | AED 837.67 |
| Jun 30Thu | $7.03 | −0.96% | $0.23 | ₹9,820 | AED 829.64 |
How June usually goes for silver
In the 20 years from 2006 to 2025, silver rose in June 7 times out of 20, with an average move of −2.0% and a median of −3.2%.
Silver in June 2005: FAQ
What was the price of silver in June 2005?
Silver traded between $7.03 and $7.53 per troy ounce (daily closes) in June 2005, averaging $7.32. It closed the month at $7.03.
How much did silver go down in June 2005?
Silver fell 5.6%, from $7.44 to $7.03. The biggest daily rise was +0.9% on June 1, 2005 and the biggest fall −2.7% on June 9, 2005.
What was the silver price on June 1, 2005?
Silver closed at $7.51 per troy ounce on June 1, 2005, the first trading day of the month. 999 India, ₹ per kg: ₹10,553.
Is June usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in June 7 times out of 20, with an average move of −2.0% and a median of −3.2%. Past seasonal patterns are not a reliable guide to any single year.
How much did silver change in rupees in June 2005?
Silver fell 5.9% in Indian rupee terms in June 2005, compared with −5.6% in US dollars.
Did silver beat stocks in June 2005?
No. Silver was −5.6% for the month, against +0.1% for the S&P 500 with dividends.
Did silver keep up with inflation in June 2005?
US consumer prices (CPI) changed +0.05% in June, so silver's real (inflation-adjusted) change was about −5.6%.