Distance from the record
This close sat 16.43% 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 10 October 2002, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 31 January 2002
Silver closed at $4.273 per troy ounce on 10 October 2002, down $0.065 (1.50%) from the previous close of $4.338.
Notable session: lowest close of the month.
This close extended a run of 4 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 16.43% below the highest silver close recorded up to that date, set on 2002-06-04.
One of the ten lowest silver closes of that year, ranking 244 of 248 sessions.
Twelve months earlier silver traded around $4.418, making this a -3.28% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.27 per troy ounce on 10 October 2002. That is $0.07 lower than the previous close of $4.34, a move of -1.50%.
The silver price fell on 10 October 2002, losing $0.07 (1.50%) against the previous session's close of $4.34.
At $4.27 per troy ounce, one gram of pure silver was worth about $0.14 on 10 October 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 74.1 on 10 October 2002, meaning one ounce of gold was worth roughly 74.1 ounces of silver.
A week before 10 October 2002, silver was around $4.47 per troy ounce, so the close of $4.27 is a loss of 4.4% over the week.
A month before 10 October 2002, silver was around $4.56 per troy ounce, so the close of $4.27 is a loss of 6.2% over the month.
This close was session 4 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 16.43% below the highest close on record up to that date, which was set on 2002-06-04.