Silver Price in 2003
The silver price rose 27.8% in 2003, from $4.67 at the end of 2002 to $5.97. Its highest close was $5.97 on Dec 31, and its lowest $4.37 on Apr 3. The biggest one-day fall was −4.7% on Oct 6 and the biggest rise +4.8% on Jul 24. Adjusted for inflation, it gained 25.5%.
Daily COMEX prices, the year in 12 currencies and festival prices: Silver Price in 2003 →
Silver Price, daily closes 2003
Numbers mark the events belowKey Events in 2003
What happened, and how the Silver moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, March 20US-led coalition invades Iraq. SourceSilver: −1.6% that day · 0.0% a month later
- 2
Thursday, July 24 From the dataBiggest one-day rise of the year: +4.8%.
- 3
Monday, October 6 From the dataBiggest one-day fall of the year: −4.7%.
- 4
Monday, December 29 From the dataBack above its pre-bear-market peak of $5.75 (February 15, 1999).
Biggest days of 2003
| Best days | Worst days | ||
|---|---|---|---|
| Jul 24 | +4.8% | Oct 6 | −4.7% |
| Nov 13 | +4.7% | Nov 18 | −3.3% |
| Aug 14 | +3.5% | Feb 6 | −3.0% |
| Jan 27 | +2.7% | Sep 15 | −3.0% |
| Sep 18 | +2.7% | Nov 4 | −2.6% |
Volatility: 20.3% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $4.87 | +4.3% |
| Feb | $4.60 | −5.5% |
| Mar | $4.46 | −3.0% |
| Apr | $4.61 | +3.4% |
| May | $4.56 | −1.1% |
| Jun | $4.51 | −1.1% |
| Jul | $5.08 | +12.6% |
| Aug | $5.11 | +0.6% |
| Sep | $5.12 | +0.2% |
| Oct | $5.14 | +0.4% |
| Nov | $5.35 | +4.1% |
| Dec | $5.97 | +11.6% |
Other Markets in 2003
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Silver Price | +27.8% | $5.97 |
| Dow Jones Industrial Average in 2003 | +25.3% | 10,453.92 |
| S&P 500 in 2003 | +26.4% | 1,111.92 |
| Nasdaq Composite in 2003 | +50.0% | 2,003.37 |
| Russell 2000 in 2003 | +45.4% | 556.91 |
| Nikkei 225 in 2003 | +24.5% | 10,676.64 |
| Gold in 2003 | +19.9% | $416.25 |
| WTI crude oil in 2003 | +4.2% | $32.51 |
| Brent crude oil in 2003 | +0.6% | $30.30 |
| US 10-year Treasury yield in 2003 | +0.44 pp | 4.27% |
Silver Price in 2003: FAQ
How much did the silver price rise in 2003?
The silver price rose 27.8% in 2003, from $4.67 at the end of 2002 to $5.97. Its highest close was $5.97 on Dec 31, and its lowest $4.37 on Apr 3. The biggest one-day fall was −4.7% on Oct 6 and the biggest rise +4.8% on Jul 24. Adjusted for inflation, it gained 25.5%.
What were the highest and lowest closes of the silver price in 2003?
Highest: $5.97 on December 31, 2003. Lowest: $4.37 on April 3, 2003. It closed higher on 132 of 256 trading days.
What happened to the silver price on March 20, 2003?
US-led coalition invades Iraq. The silver price fell 1.6% that day, and was 0.0% a month later.
Data: London silver fix from 1968 to Jan 2018 (gaps filled with Perth Mint spot), COMEX silver futures closes after that. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026silverpricein2003, author = {{Corgano}}, title = {Silver Price in 2003}, howpublished = {\url{https://silverprice.corgano.com/silver-price-history/2003}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}