Distance from the record
This close sat 3.89% below the highest silver close recorded up to that date, set on 2003-07-28.
This page is a historical record of the silver price in 8 August 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.988 per troy ounce on 8 August 2003, down $0.046 (0.91%) from the previous close of $5.034.
This close sat 3.89% below the highest silver close recorded up to that date, set on 2003-07-28.
Twelve months earlier silver traded around $4.635, making this a +7.62% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.99 per troy ounce on 8 August 2003. That is $0.05 lower than the previous close of $5.03, a move of -0.91%.
The silver price fell on 8 August 2003, losing $0.05 (0.91%) against the previous session's close of $5.03.
At $4.99 per troy ounce, one gram of pure silver was worth about $0.16 on 8 August 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.4 on 8 August 2003, meaning one ounce of gold was worth roughly 71.4 ounces of silver.
A week before 8 August 2003, silver was around $5.11 per troy ounce, so the close of $4.99 is a loss of 2.4% over the week.
A month before 8 August 2003, silver was around $4.74 per troy ounce, so the close of $4.99 is a gain of 5.3% over the month.
It closed 3.89% below the highest close on record up to that date, which was set on 2003-07-28.