Distance from the record
This close sat 5.14% 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 15 August 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.923 per troy ounce on 15 August 2003, down $0.108 (2.15%) from the previous close of $5.031.
Silver lost 2.15% 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 5.14% below the highest silver close recorded up to that date, set on 2003-07-28.
Twelve months earlier silver traded around $4.480, making this a +9.89% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.92 per troy ounce on 15 August 2003. That is $0.11 lower than the previous close of $5.03, a move of -2.15%.
The silver price fell on 15 August 2003, losing $0.11 (2.15%) against the previous session's close of $5.03.
At $4.92 per troy ounce, one gram of pure silver was worth about $0.16 on 15 August 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 73.8 on 15 August 2003, meaning one ounce of gold was worth roughly 73.8 ounces of silver.
A month before 15 August 2003, silver was around $4.65 per troy ounce, so the close of $4.92 is a gain of 5.8% over the month.
It closed 5.14% below the highest close on record up to that date, which was set on 2003-07-28.