Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 7 August 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $5.034 per troy ounce on 7 August 2003, up $0.068 (1.37%) from the previous close of $4.966.
This was the strongest close of the week up to that point.
This close sat 3.01% below the highest silver close recorded up to that date, set on 2003-07-28.
Twelve months earlier silver traded around $4.672, making this a +7.75% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $5.03 per troy ounce on 7 August 2003. That is $0.07 higher than the previous close of $4.97, a move of 1.37%.
The silver price rose on 7 August 2003, gaining $0.07 (1.37%) against the previous session's close of $4.97.
At $5.03 per troy ounce, one gram of pure silver was worth about $0.16 on 7 August 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 70.0 on 7 August 2003, meaning one ounce of gold was worth roughly 70.0 ounces of silver.
A month before 7 August 2003, silver was around $4.73 per troy ounce, so the close of $5.03 is a gain of 6.5% over the month.
It closed 3.01% below the highest close on record up to that date, which was set on 2003-07-28.