Distance from the record
This close sat 3.89% below the highest silver close recorded up to that date, set on 2003-07-28.
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This page is a historical record of the silver price in 2 September 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.988 per troy ounce on 2 September 2003, down $0.149 (2.90%) from the previous close of $5.137.
Notable session: lowest close of the month.
Silver lost 2.90% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 3.89% below the highest silver close recorded up to that date, set on 2003-07-28.
Twelve months earlier silver traded around $4.437, making this a +12.42% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.99 per troy ounce on 2 September 2003. That is $0.15 lower than the previous close of $5.14, a move of -2.90%.
The silver price fell on 2 September 2003, losing $0.15 (2.90%) against the previous session's close of $5.14.
At $4.99 per troy ounce, one gram of pure silver was worth about $0.16 on 2 September 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 74.8 on 2 September 2003, meaning one ounce of gold was worth roughly 74.8 ounces of silver.
A year before 2 September 2003, silver was around $4.44 per troy ounce. The close of $4.99 therefore represents a rise of 12.4% over twelve months.
It closed 3.89% below the highest close on record up to that date, which was set on 2003-07-28.