Distance from the record
This close sat 5.89% 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 2 January 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.812 per troy ounce on 2 January 2003, down $0.041 (0.84%) from the previous close of $4.853.
This close sat 5.89% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.526, making this a +6.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.81 per troy ounce on 2 January 2003. That is $0.04 lower than the previous close of $4.85, a move of -0.84%.
The silver price fell on 2 January 2003, losing $0.04 (0.84%) against the previous session's close of $4.85.
At $4.81 per troy ounce, one gram of pure silver was worth about $0.15 on 2 January 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.9 on 2 January 2003, meaning one ounce of gold was worth roughly 71.9 ounces of silver.
A week before 2 January 2003, silver was around $4.70 per troy ounce, so the close of $4.81 is a gain of 2.4% over the week.
A month before 2 January 2003, silver was around $4.42 per troy ounce, so the close of $4.81 is a gain of 8.8% over the month.
It closed 5.89% below the highest close on record up to that date, which was set on 2002-06-04.