Distance from the record
This close sat 1.31% 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 12 July 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $5.046 per troy ounce on 12 July 2002, down $0.026 (0.51%) from the previous close of $5.072.
This close sat 1.31% below the highest silver close recorded up to that date, set on 2002-06-04.
One of the ten highest silver closes of that year, ranking 6 of 248 sessions.
Twelve months earlier silver traded around $4.241, making this a +18.98% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $5.05 per troy ounce on 12 July 2002. That is $0.03 lower than the previous close of $5.07, a move of -0.51%.
The silver price fell on 12 July 2002, losing $0.03 (0.51%) against the previous session's close of $5.07.
At $5.05 per troy ounce, one gram of pure silver was worth about $0.16 on 12 July 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 62.5 on 12 July 2002, meaning one ounce of gold was worth roughly 62.5 ounces of silver.
A week before 12 July 2002, silver was around $4.93 per troy ounce, so the close of $5.05 is a gain of 2.2% over the week.
A year before 12 July 2002, silver was around $4.24 per troy ounce. The close of $5.05 therefore represents a rise of 19.0% over twelve months.
It closed 1.31% below the highest close on record up to that date, which was set on 2002-06-04.