Distance from the record
This close sat 2.92% below the highest silver close recorded up to that date, set on 2000-08-31.
Loading…
This page is a historical record of the silver price in 24 May 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.857 per troy ounce on 24 May 2002, down $0.040 (0.82%) from the previous close of $4.897.
This close sat 2.92% below the highest silver close recorded up to that date, set on 2000-08-31.
Twelve months earlier silver traded around $4.603, making this a +5.52% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.86 per troy ounce on 24 May 2002. That is $0.04 lower than the previous close of $4.90, a move of -0.82%.
The silver price fell on 24 May 2002, losing $0.04 (0.82%) against the previous session's close of $4.90.
At $4.86 per troy ounce, one gram of pure silver was worth about $0.16 on 24 May 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 66.0 on 24 May 2002, meaning one ounce of gold was worth roughly 66.0 ounces of silver.
A week before 24 May 2002, silver was around $4.65 per troy ounce, so the close of $4.86 is a gain of 4.4% over the week.
A month before 24 May 2002, silver was around $4.56 per troy ounce, so the close of $4.86 is a gain of 6.6% over the month.
It closed 2.92% below the highest close on record up to that date, which was set on 2000-08-31.