Distance from the record
This close sat 6.67% below the highest silver close recorded up to that date, set on 2002-06-04.
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This page is a historical record of the silver price in 15 May 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.772 per troy ounce on 15 May 2003, down $0.092 (1.89%) from the previous close of $4.864.
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.
This close sat 6.67% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.626, making this a +3.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.77 per troy ounce on 15 May 2003. That is $0.09 lower than the previous close of $4.86, a move of -1.89%.
The silver price fell on 15 May 2003, losing $0.09 (1.89%) against the previous session's close of $4.86.
At $4.77 per troy ounce, one gram of pure silver was worth about $0.15 on 15 May 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 73.9 on 15 May 2003, meaning one ounce of gold was worth roughly 73.9 ounces of silver.
A month before 15 May 2003, silver was around $4.52 per troy ounce, so the close of $4.77 is a gain of 5.6% over the month.
It closed 6.67% below the highest close on record up to that date, which was set on 2002-06-04.