Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 16 October 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.358 per troy ounce on 16 October 2002, up $0.047 (1.09%) from the previous close of $4.311.
This was the strongest close of the week up to that point.
This close sat 14.77% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.323, making this a +0.81% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.36 per troy ounce on 16 October 2002. That is $0.05 higher than the previous close of $4.31, a move of 1.09%.
The silver price rose on 16 October 2002, gaining $0.05 (1.09%) against the previous session's close of $4.31.
At $4.36 per troy ounce, one gram of pure silver was worth about $0.14 on 16 October 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 72.1 on 16 October 2002, meaning one ounce of gold was worth roughly 72.1 ounces of silver.
It closed 14.77% below the highest close on record up to that date, which was set on 2002-06-04.