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Silver's highest closing price on record
Silver closed at $5.026 per troy ounce on 1 May 2002, up $0.494 (10.90%) from the previous close of $4.532.
Notable session: highest close of the year; moved more than 3% in a session.
Twelve months earlier silver traded around $4.396, making this a +14.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $5.03 per troy ounce on 1 May 2002. That is $0.49 higher than the previous close of $4.53, a move of 10.90%.
The silver price rose on 1 May 2002, gaining $0.49 (10.90%) against the previous session's close of $4.53.
At $5.03 per troy ounce, one gram of pure silver was worth about $0.16 on 1 May 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 65.0 on 1 May 2002, meaning one ounce of gold was worth roughly 65.0 ounces of silver.
A week before 1 May 2002, silver was around $4.53 per troy ounce, so the close of $5.03 is a gain of 10.9% over the week.
A month before 1 May 2002, silver was around $4.53 per troy ounce, so the close of $5.03 is a gain of 10.9% over the month.
A year before 1 May 2002, silver was around $4.40 per troy ounce. The close of $5.03 therefore represents a rise of 14.3% over twelve months.