Distance from the record
This close sat 4.67% 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 July 2002, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 28 June 2002
Silver closed at $4.874 per troy ounce on 23 July 2002, down $0.159 (3.16%) from the previous close of $5.033.
Notable session: moved more than 3% in a session.
Silver lost 3.16% 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 4.67% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.239, making this a +14.98% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.87 per troy ounce on 23 July 2002. That is $0.16 lower than the previous close of $5.03, a move of -3.16%.
The silver price fell on 23 July 2002, losing $0.16 (3.16%) against the previous session's close of $5.03.
At $4.87 per troy ounce, one gram of pure silver was worth about $0.16 on 23 July 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 64.2 on 23 July 2002, meaning one ounce of gold was worth roughly 64.2 ounces of silver.
A week before 23 July 2002, silver was around $5.02 per troy ounce, so the close of $4.87 is a loss of 2.9% over the week.
A year before 23 July 2002, silver was around $4.24 per troy ounce. The close of $4.87 therefore represents a rise of 15.0% over twelve months.
It closed 4.67% below the highest close on record up to that date, which was set on 2002-06-04.