Distance from the record
This close sat 6.38% below the highest silver close recorded up to that date, set on 2002-06-04.
This page is a historical record of the silver price in 6 May 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.787 per troy ounce on 6 May 2003, down $0.015 (0.31%) from the previous close of $4.802.
This close sat 6.38% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.596, making this a +4.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.79 per troy ounce on 6 May 2003. That is $0.01 lower than the previous close of $4.80, a move of -0.31%.
The silver price fell on 6 May 2003, losing $0.01 (0.31%) against the previous session's close of $4.80.
At $4.79 per troy ounce, one gram of pure silver was worth about $0.15 on 6 May 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.5 on 6 May 2003, meaning one ounce of gold was worth roughly 71.5 ounces of silver.
A week before 6 May 2003, silver was around $4.55 per troy ounce, so the close of $4.79 is a gain of 5.3% over the week.
A month before 6 May 2003, silver was around $4.41 per troy ounce, so the close of $4.79 is a gain of 8.5% over the month.
It closed 6.38% below the highest close on record up to that date, which was set on 2002-06-04.