Distance from the record
This close sat 12.38% 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 15 August 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.480 per troy ounce on 15 August 2002, up $0.025 (0.56%) from the previous close of $4.455.
This close sat 12.38% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.144, making this a +8.11% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.48 per troy ounce on 15 August 2002. That is $0.03 higher than the previous close of $4.45, a move of 0.56%.
The silver price rose on 15 August 2002, gaining $0.03 (0.56%) against the previous session's close of $4.45.
At $4.48 per troy ounce, one gram of pure silver was worth about $0.14 on 15 August 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 70.2 on 15 August 2002, meaning one ounce of gold was worth roughly 70.2 ounces of silver.
A week before 15 August 2002, silver was around $4.64 per troy ounce, so the close of $4.48 is a loss of 3.3% over the week.
A month before 15 August 2002, silver was around $5.10 per troy ounce, so the close of $4.48 is a loss of 12.2% over the month.
It closed 12.38% below the highest close on record up to that date, which was set on 2002-06-04.