Silver Price in November 2005
In November 2005, silver rose 9.7%, from $7.55 at the end of October to $8.28 per troy ounce on November 30, 2005. The highest close was $8.35 on November 28, 2005, the lowest $7.44 on November 1, 2005, and the average over 20 trading days was $7.87. Today's price is 553.1% higher than the November 2005 close.
- Silver rose 9.7% in US dollars in November 2005, leaving it up 21.6% for the year to date.
- Measured in other currencies, the change ranged from +5.6% in ZAR to +12.8% in JPY, because exchange rates moved too.
- It did better than gold (+6.3%) and US stocks (+3.8%).
- It closed higher on 14 trading days and lower on 6, with an average daily move of 0.85%.
- At the end of the month it was 0.8% below its highest close since 2000.
- Gold/silver ratio: 61.6 → 59.7.
Silver price chart, November 2005
US dollars per troy ounce · daily closeSilver in other currencies, November 2005
| Currency | Change in the month |
|---|---|
| JPY | +12.8% |
| GBP | +12.1% |
| INR | +11.7% |
| EUR | +11.4% |
| TRY | +10.4% |
| CNY | +9.7% |
| PKR | +9.7% |
| CAD | +8.2% |
| MXN | +7.6% |
| ZAR | +5.6% |
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, November 2005
| Asset | Change (USD) |
|---|---|
| Silver | +9.7% |
| Gold | +6.3% |
| S&P 500 (with dividends) | +3.8% |
| US inflation (CPI, month) | −0.80% |
| Silver, year to date (end of November) | +21.6% |
| Gold/silver ratio | 61.6 → 59.7 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, November 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 |
|---|---|---|---|---|---|
| Nov 1Tue | $7.44 | −1.43% | $0.24 | ₹10,767 | AED 878.46 |
| Nov 2Wed | $7.53 | +1.21% | $0.24 | ₹10,938 | AED 889.16 |
| Nov 3Thu | $7.60 | +0.86% | $0.24 | ₹11,040 | AED 897.10 |
| Nov 4Fri | $7.55 | −0.66% | $0.24 | ₹11,026 | AED 891.17 |
| Nov 7Mon | $7.58 | +0.42% | $0.24 | ₹11,155 | AED 894.71 |
| Nov 8Tue | $7.60 | +0.29% | $0.24 | ₹11,173 | AED 897.53 |
| Nov 9Wed | $7.65 | +0.70% | $0.25 | ₹11,241 | AED 903.54 |
| Nov 10Thu | $7.68 | +0.39% | $0.25 | ₹11,288 | AED 907.38 |
| Nov 11Fri | $7.74 | +0.72% | $0.25 | ₹11,316 | AED 913.67 |
| Nov 14Mon | $7.76 | +0.32% | $0.25 | ₹11,395 | AED 916.55 |
| Nov 15Tue | $7.77 | +0.08% | $0.25 | ₹11,381 | AED 917.18 |
| Nov 16Wed | $7.99 | +2.78% | $0.26 | ₹11,734 | AED 942.76 |
| Nov 17Thu | $8.09 | +1.26% | $0.26 | ₹11,867 | AED 954.94 |
| Nov 18Fri | $8.05 | −0.42% | $0.26 | ₹11,832 | AED 950.92 |
| Nov 21Mon | $8.12 | +0.84% | $0.26 | ₹11,922 | AED 958.61 |
| Nov 22Tue | $8.17 | +0.54% | $0.26 | ₹12,007 | AED 963.89 |
| Nov 23Wed | $8.13 | −0.49% | $0.26 | ₹11,933 | AED 959.09 |
| Nov 28Mon | $8.35 | +2.76% | $0.27 | ₹12,307 | AED 985.53 |
| Nov 29Tue | $8.30 | −0.63% | $0.27 | ₹12,216 | AED 979.33 |
| Nov 30Wed | $8.28 | −0.19% | $0.27 | ₹12,208 | AED 977.44 |
How November usually goes for silver
In the 20 years from 2006 to 2025, silver rose in November 8 times out of 20, with an average move of +1.5% and a median of −2.2%.
Silver in November 2005: FAQ
What was the price of silver in November 2005?
Silver traded between $7.44 and $8.35 per troy ounce (daily closes) in November 2005, averaging $7.87. It closed the month at $8.28.
How much did silver go up in November 2005?
Silver rose 9.7%, from $7.55 to $8.28. The biggest daily rise was +2.8% on November 16, 2005 and the biggest fall −1.4% on November 1, 2005.
What was the silver price on November 1, 2005?
Silver closed at $7.44 per troy ounce on November 1, 2005, the first trading day of the month. 999 India, ₹ per kg: ₹10,767.
Is November usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in November 8 times out of 20, with an average move of +1.5% and a median of −2.2%. Past seasonal patterns are not a reliable guide to any single year.
How much did silver change in rupees in November 2005?
Silver rose 11.7% in Indian rupee terms in November 2005, compared with +9.7% in US dollars.
Did silver beat stocks in November 2005?
Yes. Silver was +9.7% for the month, against +3.8% for the S&P 500 with dividends.
Did silver keep up with inflation in November 2005?
US consumer prices (CPI) changed −0.80% in November, so silver's real (inflation-adjusted) change was about +10.6%.