Distance from the record
This close sat 13.55% 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 23 August 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.420 per troy ounce on 23 August 2002, down $0.042 (0.94%) from the previous close of $4.462.
This close sat 13.55% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.214, making this a +4.89% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.42 per troy ounce on 23 August 2002. That is $0.04 lower than the previous close of $4.46, a move of -0.94%.
The silver price fell on 23 August 2002, losing $0.04 (0.94%) against the previous session's close of $4.46.
At $4.42 per troy ounce, one gram of pure silver was worth about $0.14 on 23 August 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 69.4 on 23 August 2002, meaning one ounce of gold was worth roughly 69.4 ounces of silver.
A month before 23 August 2002, silver was around $4.87 per troy ounce, so the close of $4.42 is a loss of 9.3% over the month.
It closed 13.55% below the highest close on record up to that date, which was set on 2002-06-04.