Distance from the record
This close sat 8.98% 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 22 May 2003, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 1 May 2003
Silver closed at $4.654 per troy ounce on 22 May 2003, down $0.063 (1.34%) from the previous close of $4.717.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 8.98% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.825, making this a -3.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.65 per troy ounce on 22 May 2003. That is $0.06 lower than the previous close of $4.72, a move of -1.34%.
The silver price fell on 22 May 2003, losing $0.06 (1.34%) against the previous session's close of $4.72.
At $4.65 per troy ounce, one gram of pure silver was worth about $0.15 on 22 May 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 79.1 on 22 May 2003, meaning one ounce of gold was worth roughly 79.1 ounces of silver.
A week before 22 May 2003, silver was around $4.77 per troy ounce, so the close of $4.65 is a loss of 2.5% over the week.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 8.98% below the highest close on record up to that date, which was set on 2002-06-04.