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 28 August 2003, not the current price.See today's silver price (11 September 2026)
Highest closing price since 29 July 2003
Silver closed at $5.128 per troy ounce on 28 August 2003, up $0.001 (0.02%) from the previous close of $5.127.
Notable session: highest close of the month.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 1.19% below the highest silver close recorded up to that date, set on 2003-07-28.
Twelve months earlier silver traded around $4.495, making this a +14.08% 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 28 August 2003. That is $0.00 higher than the previous close of $5.13, a move of 0.02%.
The silver price rose on 28 August 2003, gaining $0.00 (0.02%) against the previous session's close of $5.13.
At $5.13 per troy ounce, one gram of pure silver was worth about $0.16 on 28 August 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 72.3 on 28 August 2003, meaning one ounce of gold was worth roughly 72.3 ounces of silver.
A week before 28 August 2003, silver was around $4.94 per troy ounce, so the close of $5.13 is a gain of 3.8% over the week.
A year before 28 August 2003, silver was around $4.49 per troy ounce. The close of $5.13 therefore represents a rise of 14.1% over twelve months.
This close was session 3 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 1.19% below the highest close on record up to that date, which was set on 2003-07-28.