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 October 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.875 per troy ounce on 7 October 2003, up $0.065 (1.35%) from the previous close of $4.810.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 8.49% below the highest silver close recorded up to that date, set on 2003-09-11.
Twelve months earlier silver traded around $4.438, making this a +9.85% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.88 per troy ounce on 7 October 2003. That is $0.07 higher than the previous close of $4.81, a move of 1.35%.
The silver price rose on 7 October 2003, gaining $0.07 (1.35%) against the previous session's close of $4.81.
At $4.88 per troy ounce, one gram of pure silver was worth about $0.16 on 7 October 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 77.4 on 7 October 2003, meaning one ounce of gold was worth roughly 77.4 ounces of silver.
A week before 7 October 2003, silver was around $5.14 per troy ounce, so the close of $4.88 is a loss of 5.1% over the week.
It closed 8.49% below the highest close on record up to that date, which was set on 2003-09-11.