Distance from the record
This close sat 3.13% below the highest silver close recorded up to that date, set on 2003-09-11.
This page is a historical record of the silver price in 24 October 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $5.160 per troy ounce on 24 October 2003, down $0.007 (0.14%) from the previous close of $5.167.
Silver barely moved, closing within 0.14% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 3.13% below the highest silver close recorded up to that date, set on 2003-09-11.
Twelve months earlier silver traded around $4.354, making this a +18.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $5.16 per troy ounce on 24 October 2003. That is $0.01 lower than the previous close of $5.17, a move of -0.14%.
The silver price fell on 24 October 2003, losing $0.01 (0.14%) against the previous session's close of $5.17.
At $5.16 per troy ounce, one gram of pure silver was worth about $0.17 on 24 October 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 75.4 on 24 October 2003, meaning one ounce of gold was worth roughly 75.4 ounces of silver.
A week before 24 October 2003, silver was around $4.93 per troy ounce, so the close of $5.16 is a gain of 4.6% over the week.
A year before 24 October 2003, silver was around $4.35 per troy ounce. The close of $5.16 therefore represents a rise of 18.5% over twelve months.
It closed 3.13% below the highest close on record up to that date, which was set on 2003-09-11.