Distance from the record
This close sat 7.23% below the highest silver close recorded up to that date, set on 2003-09-11.
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This page is a historical record of the silver price in 15 October 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.942 per troy ounce on 15 October 2003, up $0.015 (0.30%) from the previous close of $4.927.
This close sat 7.23% below the highest silver close recorded up to that date, set on 2003-09-11.
Twelve months earlier silver traded around $4.311, making this a +14.64% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.94 per troy ounce on 15 October 2003. That is $0.01 higher than the previous close of $4.93, a move of 0.30%.
The silver price rose on 15 October 2003, gaining $0.01 (0.30%) against the previous session's close of $4.93.
At $4.94 per troy ounce, one gram of pure silver was worth about $0.16 on 15 October 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 75.4 on 15 October 2003, meaning one ounce of gold was worth roughly 75.4 ounces of silver.
A year before 15 October 2003, silver was around $4.31 per troy ounce. The close of $4.94 therefore represents a rise of 14.6% over twelve months.
It closed 7.23% below the highest close on record up to that date, which was set on 2003-09-11.