Distance from the record
This close sat 12.58% 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 2 October 2002, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 4 September 2002
Silver closed at $4.470 per troy ounce on 2 October 2002, down $0.029 (0.64%) from the previous close of $4.499.
This close sat 12.58% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.622, making this a -3.29% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.47 per troy ounce on 2 October 2002. That is $0.03 lower than the previous close of $4.50, a move of -0.64%.
The silver price fell on 2 October 2002, losing $0.03 (0.64%) against the previous session's close of $4.50.
At $4.47 per troy ounce, one gram of pure silver was worth about $0.14 on 2 October 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.9 on 2 October 2002, meaning one ounce of gold was worth roughly 71.9 ounces of silver.
A week before 2 October 2002, silver was around $4.58 per troy ounce, so the close of $4.47 is a loss of 2.4% over the week.
It closed 12.58% below the highest close on record up to that date, which was set on 2002-06-04.