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Silver Price in 2005 | Historical Silver Prices
Annual summary, monthly averages, and key events that shaped silver prices in 2005
Jan 1
$6.77
Opening Price
Dec 31
$8.83
Closing Price
Year High
$9.00
Annual High
Year Low
$6.48
Annual Low
Annual Avg
$7.32
Average Price
vs 2004
+30.5%
Annual Change
Monthly Silver Price Chart — 2005
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $6.85High: $8.83
What Happened to Silver in 2005?
Silver gained 30% in 2005 as commodity markets broadly rallied on Chinese demand growth, dollar weakness, and accelerating investment interest. Silver ETFs were being discussed but not yet launched. The gold/silver ratio compressed from 65 to 58, signaling silver outperformance. Industrial demand from the solar sector began to emerge as a new demand driver.