Distance from the record
This close sat 5.03% below the highest silver close recorded up to that date, set on 2002-06-04.
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This page is a historical record of the silver price in 8 January 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.856 per troy ounce on 8 January 2003, up $0.052 (1.08%) from the previous close of $4.804.
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 close sat 5.03% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.633, making this a +4.81% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.86 per troy ounce on 8 January 2003. That is $0.05 higher than the previous close of $4.80, a move of 1.08%.
The silver price rose on 8 January 2003, gaining $0.05 (1.08%) against the previous session's close of $4.80.
At $4.86 per troy ounce, one gram of pure silver was worth about $0.16 on 8 January 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 72.9 on 8 January 2003, meaning one ounce of gold was worth roughly 72.9 ounces of silver.
It closed 5.03% below the highest close on record up to that date, which was set on 2002-06-04.