Distance from the record
This close sat 12.87% 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 14 August 2002, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 1 August 2002
Silver closed at $4.455 per troy ounce on 14 August 2002, down $0.122 (2.67%) from the previous close of $4.577.
Silver lost 2.67% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 12.87% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.191, making this a +6.30% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.45 per troy ounce on 14 August 2002. That is $0.12 lower than the previous close of $4.58, a move of -2.67%.
The silver price fell on 14 August 2002, losing $0.12 (2.67%) against the previous session's close of $4.58.
At $4.45 per troy ounce, one gram of pure silver was worth about $0.14 on 14 August 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 70.0 on 14 August 2002, meaning one ounce of gold was worth roughly 70.0 ounces of silver.
A week before 14 August 2002, silver was around $4.67 per troy ounce, so the close of $4.45 is a loss of 4.6% over the week.
A month before 14 August 2002, silver was around $5.05 per troy ounce, so the close of $4.45 is a loss of 11.7% over the month.
This close was session 3 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 12.87% below the highest close on record up to that date, which was set on 2002-06-04.