Highest so far that year
At the time, no session earlier in the year had closed higher.
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This page is a historical record of the silver price in 23 July 2003, not the current price.See today's silver price (11 September 2026)
Highest closing price since 15 July 2002
Silver closed at $5.064 per troy ounce on 23 July 2003, up $0.280 (5.85%) from the previous close of $4.784.
Notable session: moved more than 3% in a session.
This was a 5.85% 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.
At the time, no session earlier in the year had closed higher.
Twelve months earlier silver traded around $4.874, making this a +3.90% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $5.06 per troy ounce on 23 July 2003. That is $0.28 higher than the previous close of $4.78, a move of 5.85%.
The silver price rose on 23 July 2003, gaining $0.28 (5.85%) against the previous session's close of $4.78.
At $5.06 per troy ounce, one gram of pure silver was worth about $0.16 on 23 July 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 70.8 on 23 July 2003, meaning one ounce of gold was worth roughly 70.8 ounces of silver.
A week before 23 July 2003, silver was around $4.66 per troy ounce, so the close of $5.06 is a gain of 8.8% over the week.
A month before 23 July 2003, silver was around $4.55 per troy ounce, so the close of $5.06 is a gain of 11.2% over the month.
This close was session 6 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 0.96% below the highest close on record up to that date, which was set on 2002-06-04.
The most recent higher close was about a year earlier — 257 trading sessions before this one.