Distance from the record
This close sat 15.74% 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 11 October 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.308 per troy ounce on 11 October 2002, up $0.035 (0.82%) from the previous close of $4.273.
This close sat 15.74% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.403, making this a -2.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.31 per troy ounce on 11 October 2002. That is $0.04 higher than the previous close of $4.27, a move of 0.82%.
The silver price rose on 11 October 2002, gaining $0.04 (0.82%) against the previous session's close of $4.27.
At $4.31 per troy ounce, one gram of pure silver was worth about $0.14 on 11 October 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 73.4 on 11 October 2002, meaning one ounce of gold was worth roughly 73.4 ounces of silver.
A week before 11 October 2002, silver was around $4.47 per troy ounce, so the close of $4.31 is a loss of 3.7% over the week.
A month before 11 October 2002, silver was around $4.54 per troy ounce, so the close of $4.31 is a loss of 5.2% over the month.
It closed 15.74% below the highest close on record up to that date, which was set on 2002-06-04.