Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 2 May 2003, not the current price.See today's silver price (11 September 2026)
Highest closing price since 4 February 2003
Silver closed at $4.784 per troy ounce on 2 May 2003, up $0.258 (5.70%) from the previous close of $4.526.
Notable session: moved more than 3% in a session.
This was a 5.70% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
No earlier session that month closed above this level.
This close sat 6.43% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.543, making this a +5.30% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.78 per troy ounce on 2 May 2003. That is $0.26 higher than the previous close of $4.53, a move of 5.70%.
The silver price rose on 2 May 2003, gaining $0.26 (5.70%) against the previous session's close of $4.53.
At $4.78 per troy ounce, one gram of pure silver was worth about $0.15 on 2 May 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.3 on 2 May 2003, meaning one ounce of gold was worth roughly 71.3 ounces of silver.
A week before 2 May 2003, silver was around $4.63 per troy ounce, so the close of $4.78 is a gain of 3.3% over the week.
A month before 2 May 2003, silver was around $4.40 per troy ounce, so the close of $4.78 is a gain of 8.8% over the month.
It closed 6.43% below the highest close on record up to that date, which was set on 2002-06-04.
The most recent higher close was about 3 months earlier — 61 trading sessions before this one.