Distance from the record
This close sat 6.40% below the highest silver close recorded up to that date, set on 2003-07-28.
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This page is a historical record of the silver price in 12 August 2003, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 22 July 2003
Silver closed at $4.858 per troy ounce on 12 August 2003, down $0.138 (2.76%) from the previous close of $4.996.
Notable session: lowest close of the month.
Silver lost 2.76% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 6.40% below the highest silver close recorded up to that date, set on 2003-07-28.
Twelve months earlier silver traded around $4.590, making this a +5.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.86 per troy ounce on 12 August 2003. That is $0.14 lower than the previous close of $5.00, a move of -2.76%.
The silver price fell on 12 August 2003, losing $0.14 (2.76%) against the previous session's close of $5.00.
At $4.86 per troy ounce, one gram of pure silver was worth about $0.16 on 12 August 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 73.8 on 12 August 2003, meaning one ounce of gold was worth roughly 73.8 ounces of silver.
It closed 6.40% below the highest close on record up to that date, which was set on 2003-07-28.