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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 →

Change in 2003
+27.8%
$4.67 → $5.97
High
$5.97
Dec 31
Low
$4.37
Apr 3
After inflation
+25.5%
US CPI
Up days
131 of 253
longest run 6 up, 4 down
Below record
-87.9%
at the end of 2003

Silver Price, daily closes 2003

Numbers mark the events below
$5$5$6JanFebMarAprMayJunJulAugSepOctNovDec1Mar 20: US-led coalition invades Iraq.2Jul 24: Biggest one-day rise of the year: +4.8%.3Oct 6: Biggest one-day fall of the year: −4.7%.4Dec 29: Back above its pre-bear-market peak of $5.75 (February 15, 1999).

Key Events in 2003

What happened, and how the Silver moved — on the day (or the next trading day) and about a month later.

  1. 1
    Thursday, March 20
    US-led coalition invades Iraq. Source
    Silver: −1.6% that day · 0.0% a month later
  2. 2
    Thursday, July 24 From the data
    Biggest one-day rise of the year: +4.8%.
  3. 3
    Monday, October 6 From the data
    Biggest one-day fall of the year: −4.7%.
  4. 4
    Monday, December 29 From the data
    Back above its pre-bear-market peak of $5.75 (February 15, 1999).

Biggest days of 2003

Best daysWorst 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: 20.4% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$4.87+4.3%$4.91$4.73
Feb$4.60−5.5%$4.93$4.49
Mar$4.46−3.0%$4.68$4.38
Apr$4.61+3.4%$4.63$4.37
May$4.56−1.1%$4.87$4.56
Jun$4.51−1.1%$4.62$4.48
Jul$5.08+12.6%$5.10$4.56
Aug$5.11+0.6%$5.12$4.87
Sep$5.12+0.2%$5.32$4.98
Oct$5.14+0.4%$5.19$4.82
Nov$5.35+4.1%$5.39$4.93
Dec$5.97+11.6%$5.97$5.36

Other Markets in 2003

Change over the calendar year.

MarketChangeYear-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 pp4.27%
2000200120022003200420052006200720082009

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 131 of 253 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.