Distance from the record
This close sat 5.03% below the highest silver close recorded up to that date, set on 2003-09-11.
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This page is a historical record of the silver price in 31 October 2003, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 20 October 2003
Silver closed at $5.059 per troy ounce on 31 October 2003, down $0.070 (1.36%) from the previous close of $5.129.
This close sat 5.03% below the highest silver close recorded up to that date, set on 2003-09-11.
Twelve months earlier silver traded around $4.499, making this a +12.45% 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 31 October 2003. That is $0.07 lower than the previous close of $5.13, a move of -1.36%.
The silver price fell on 31 October 2003, losing $0.07 (1.36%) against the previous session's close of $5.13.
At $5.06 per troy ounce, one gram of pure silver was worth about $0.16 on 31 October 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 76.0 on 31 October 2003, meaning one ounce of gold was worth roughly 76.0 ounces of silver.
A year before 31 October 2003, silver was around $4.50 per troy ounce. The close of $5.06 therefore represents a rise of 12.4% over twelve months.
It closed 5.03% below the highest close on record up to that date, which was set on 2003-09-11.