Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 12 May 2003, not the current price.See today's silver price (11 September 2026)
Highest closing price since 4 February 2003
Silver closed at $4.861 per troy ounce on 12 May 2003, up $0.074 (1.55%) from the previous close of $4.787.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
No earlier session that month closed above this level.
This close sat 4.93% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.658, making this a +4.36% 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 May 2003. That is $0.07 higher than the previous close of $4.79, a move of 1.55%.
The silver price rose on 12 May 2003, gaining $0.07 (1.55%) against the previous session's close of $4.79.
At $4.86 per troy ounce, one gram of pure silver was worth about $0.16 on 12 May 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 72.3 on 12 May 2003, meaning one ounce of gold was worth roughly 72.3 ounces of silver.
A month before 12 May 2003, silver was around $4.49 per troy ounce, so the close of $4.86 is a gain of 8.3% over the month.
It closed 4.93% below the highest close on record up to that date, which was set on 2002-06-04.
The most recent higher close was about 3 months earlier — 67 trading sessions before this one.