Distance from the record
This close sat 6.34% 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 May 2003, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.789 per troy ounce on 8 May 2003, up $0.060 (1.27%) from the previous close of $4.729.
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 6.34% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.572, making this a +4.75% 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 8 May 2003. That is $0.06 higher than the previous close of $4.73, a move of 1.27%.
The silver price rose on 8 May 2003, gaining $0.06 (1.27%) against the previous session's close of $4.73.
At $4.79 per troy ounce, one gram of pure silver was worth about $0.15 on 8 May 2003. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 72.8 on 8 May 2003, meaning one ounce of gold was worth roughly 72.8 ounces of silver.
A week before 8 May 2003, silver was around $4.53 per troy ounce, so the close of $4.79 is a gain of 5.8% over the week.
A month before 8 May 2003, silver was around $4.47 per troy ounce, so the close of $4.79 is a gain of 7.0% over the month.
It closed 6.34% below the highest close on record up to that date, which was set on 2002-06-04.