Distance from the record
This close sat 13.29% below the highest silver close recorded up to that date, set on 2000-08-31.
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This page is a historical record of the silver price in 18 January 2002, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 19 December 2001
Silver closed at $4.338 per troy ounce on 18 January 2002, down $0.100 (2.25%) from the previous close of $4.438.
Silver lost 2.25% 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 13.29% below the highest silver close recorded up to that date, set on 2000-08-31.
Twelve months earlier silver traded around $4.794, making this a -9.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.34 per troy ounce on 18 January 2002. That is $0.10 lower than the previous close of $4.44, a move of -2.25%.
The silver price fell on 18 January 2002, losing $0.10 (2.25%) against the previous session's close of $4.44.
At $4.34 per troy ounce, one gram of pure silver was worth about $0.14 on 18 January 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 65.3 on 18 January 2002, meaning one ounce of gold was worth roughly 65.3 ounces of silver.
A week before 18 January 2002, silver was around $4.69 per troy ounce, so the close of $4.34 is a loss of 7.5% over the week.
It closed 13.29% below the highest close on record up to that date, which was set on 2000-08-31.