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 27 August 2003, not the current price.See today's silver price (11 September 2026)
Highest closing price since 29 July 2003
Silver closed at $5.127 per troy ounce on 27 August 2003, up $0.129 (2.58%) from the previous close of $4.998.
This was a 2.58% 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 1.21% below the highest silver close recorded up to that date, set on 2003-07-28.
Twelve months earlier silver traded around $4.500, making this a +13.93% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $5.13 per troy ounce on 27 August 2003. That is $0.13 higher than the previous close of $5.00, a move of 2.58%.
The silver price rose on 27 August 2003, gaining $0.13 (2.58%) against the previous session's close of $5.00.
At $5.13 per troy ounce, one gram of pure silver was worth about $0.16 on 27 August 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 72.8 on 27 August 2003, meaning one ounce of gold was worth roughly 72.8 ounces of silver.
A week before 27 August 2003, silver was around $5.02 per troy ounce, so the close of $5.13 is a gain of 2.2% over the week.
A year before 27 August 2003, silver was around $4.50 per troy ounce. The close of $5.13 therefore represents a rise of 13.9% over twelve months.
It closed 1.21% below the highest close on record up to that date, which was set on 2003-07-28.