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 20 May 2002, not the current price.See today's silver price (11 September 2026)
Highest closing price since 31 January 2001
Silver closed at $4.769 per troy ounce on 20 May 2002, up $0.115 (2.47%) from the previous close of $4.654.
This was a 2.47% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
At the time, no session earlier in the year had closed higher.
This close sat 4.68% below the highest silver close recorded up to that date, set on 2000-08-31.
Twelve months earlier silver traded around $4.552, making this a +4.77% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.77 per troy ounce on 20 May 2002. That is $0.12 higher than the previous close of $4.65, a move of 2.47%.
The silver price rose on 20 May 2002, gaining $0.12 (2.47%) against the previous session's close of $4.65.
At $4.77 per troy ounce, one gram of pure silver was worth about $0.15 on 20 May 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 66.2 on 20 May 2002, meaning one ounce of gold was worth roughly 66.2 ounces of silver.
A week before 20 May 2002, silver was around $4.60 per troy ounce, so the close of $4.77 is a gain of 3.8% over the week.
A month before 20 May 2002, silver was around $4.50 per troy ounce, so the close of $4.77 is a gain of 6.0% over the month.
This close was session 4 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 4.68% below the highest close on record up to that date, which was set on 2000-08-31.
The most recent higher close was about a year earlier — 320 trading sessions before this one.