Highest so far that year
At the time, no session earlier in the year had closed higher.
Loading…
This page is a historical record of the silver price in 23 May 2002, not the current price.See today's silver price (11 September 2026)
Highest closing price since 12 October 2000
Silver closed at $4.897 per troy ounce on 23 May 2002, up $0.072 (1.49%) from the previous close of $4.825.
Silver had not closed this high for about 2 years. Reclaiming a level after that long usually says more about the trend than the size of the day's move does.
At the time, no session earlier in the year had closed higher.
This close sat 2.12% below the highest silver close recorded up to that date, set on 2000-08-31.
Twelve months earlier silver traded around $4.560, making this a +7.39% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.90 per troy ounce on 23 May 2002. That is $0.07 higher than the previous close of $4.82, a move of 1.49%.
The silver price rose on 23 May 2002, gaining $0.07 (1.49%) against the previous session's close of $4.82.
At $4.90 per troy ounce, one gram of pure silver was worth about $0.16 on 23 May 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 65.9 on 23 May 2002, meaning one ounce of gold was worth roughly 65.9 ounces of silver.
A week before 23 May 2002, silver was around $4.64 per troy ounce, so the close of $4.90 is a gain of 5.6% over the week.
A month before 23 May 2002, silver was around $4.57 per troy ounce, so the close of $4.90 is a gain of 7.3% over the month.
It closed 2.12% below the highest close on record up to that date, which was set on 2000-08-31.
The most recent higher close was about 2 years earlier — 398 trading sessions before this one.