Highest so far that year
At the time, no session earlier in the year had closed higher.
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This page is a historical record of the silver price in 2 January 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.526 per troy ounce on 2 January 2002, down $0.053 (1.16%) from the previous close of $4.579.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
At the time, no session earlier in the year had closed higher.
This close sat 9.53% below the highest silver close recorded up to that date, set on 2000-08-31.
Twelve months earlier silver traded around $4.545, making this a -0.42% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.53 per troy ounce on 2 January 2002. That is $0.05 lower than the previous close of $4.58, a move of -1.16%.
The silver price fell on 2 January 2002, losing $0.05 (1.16%) against the previous session's close of $4.58.
At $4.53 per troy ounce, one gram of pure silver was worth about $0.15 on 2 January 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 61.6 on 2 January 2002, meaning one ounce of gold was worth roughly 61.6 ounces of silver.
A month before 2 January 2002, silver was around $4.13 per troy ounce, so the close of $4.53 is a gain of 9.6% over the month.
It closed 9.53% below the highest close on record up to that date, which was set on 2000-08-31.