Distance from the record
This close sat 14.84% 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 24 October 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.354 per troy ounce on 24 October 2002, down $0.045 (1.02%) from the previous close of $4.399.
This close sat 14.84% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.203, making this a +3.59% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.35 per troy ounce on 24 October 2002. That is $0.05 lower than the previous close of $4.40, a move of -1.02%.
The silver price fell on 24 October 2002, losing $0.05 (1.02%) against the previous session's close of $4.40.
At $4.35 per troy ounce, one gram of pure silver was worth about $0.14 on 24 October 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.4 on 24 October 2002, meaning one ounce of gold was worth roughly 71.4 ounces of silver.
A month before 24 October 2002, silver was around $4.65 per troy ounce, so the close of $4.35 is a loss of 6.3% over the month.
It closed 14.84% below the highest close on record up to that date, which was set on 2002-06-04.