Distance from the record
This close sat 7.36% 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 17 October 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.935 per troy ounce on 17 October 2003, up $0.018 (0.37%) from the previous close of $4.917.
This close sat 7.36% below the highest silver close recorded up to that date, set on 2003-09-11.
Twelve months earlier silver traded around $4.333, making this a +13.89% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.93 per troy ounce on 17 October 2003. That is $0.02 higher than the previous close of $4.92, a move of 0.37%.
The silver price rose on 17 October 2003, gaining $0.02 (0.37%) against the previous session's close of $4.92.
At $4.93 per troy ounce, one gram of pure silver was worth about $0.16 on 17 October 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 75.3 on 17 October 2003, meaning one ounce of gold was worth roughly 75.3 ounces of silver.
A month before 17 October 2003, silver was around $5.28 per troy ounce, so the close of $4.93 is a loss of 6.5% over the month.
A year before 17 October 2003, silver was around $4.33 per troy ounce. The close of $4.93 therefore represents a rise of 13.9% over twelve months.
It closed 7.36% below the highest close on record up to that date, which was set on 2003-09-11.