Silver Price in 2005
In 2005, the price of silver averaged $7.31 per troy ounce, up 9.6% from the year before. This page covers the 2005 average, high, low, and year-end close, and what that silver would be worth in today's dollars.
2005 Average
$7.31
LBMA annual average, USD/oz
Change vs 2004
+9.6%
from $6.67 in 2004
2005 High
$9.24
from daily trading data
2005 Low
$6.26
from daily trading data
Year-End Close
$8.81
last trading day of 2005
Silver Price Chart, 1995 to 2015
Silver Price by Month in 2005
Each month's average of daily closing prices, with its high and low, per troy ounce. These come from MetalCharts daily spot data, so they can differ slightly from the annual average above, which is based on LBMA annual average data.
| Month | Average | High | Low |
|---|---|---|---|
| January 2005 | $6.61 | $6.87 | $6.26 |
| February 2005 | $7.06 | $7.72 | $6.47 |
| March 2005 | $7.22 | $7.62 | $6.82 |
| April 2005 | $7.10 | $7.33 | $6.87 |
| May 2005 | $7.04 | $7.45 | $6.79 |
| June 2005 | $7.27 | $7.64 | $7.00 |
| July 2005 | $7.01 | $7.24 | $6.83 |
| August 2005 | $7.01 | $7.32 | $6.66 |
| September 2005 | $7.17 | $7.59 | $6.76 |
| October 2005 | $7.66 | $7.89 | $7.32 |
| November 2005 | $7.88 | $8.39 | $7.38 |
| December 2005 | $8.62 | $9.24 | $8.19 |
What happened to the silver price in 2005
Silver averaged $7.31 per troy ounce in 2005, up 9.6% from $6.67 the year before. Daily trading data shows silver moved between a low of $6.26 and a high of $9.24 during the year, ending 2005 at $8.81.
The 2000s revived silver as an investment asset. The launch of the SLV exchange-traded fund in 2006 opened the metal to mainstream portfolios, and the financial crisis at the end of the decade rekindled safe-haven demand.
Adjusted for inflation, silver's 2005 average of $7.31 equals about $12 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
Frequently Asked Questions
What was the price of silver in 2005?
What is a 2005 silver price worth in today's dollars?
Annual averages are LBMA prices per troy ounce in US dollars. Where shown, the yearly high, low, and close come from MetalCharts daily historical data and may differ slightly from figures published elsewhere. Inflation adjustments use BLS CPI-U annual averages.