Distance from the record
This close sat 5.67% 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 16 January 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.823 per troy ounce on 16 January 2003, up $0.055 (1.15%) from the previous close of $4.768.
This close sat 5.67% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.555, making this a +5.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.82 per troy ounce on 16 January 2003. That is $0.05 higher than the previous close of $4.77, a move of 1.15%.
The silver price rose on 16 January 2003, gaining $0.05 (1.15%) against the previous session's close of $4.77.
At $4.82 per troy ounce, one gram of pure silver was worth about $0.16 on 16 January 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 74.2 on 16 January 2003, meaning one ounce of gold was worth roughly 74.2 ounces of silver.
It closed 5.67% below the highest close on record up to that date, which was set on 2002-06-04.