Distance from the record
This close sat 12.09% 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 28 August 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.495 per troy ounce on 28 August 2002, down $0.005 (0.11%) from the previous close of $4.500.
Silver barely moved, closing within 0.11% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 12.09% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.180, making this a +7.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.49 per troy ounce on 28 August 2002. That is $0.01 lower than the previous close of $4.50, a move of -0.11%.
The silver price fell on 28 August 2002, losing $0.01 (0.11%) against the previous session's close of $4.50.
At $4.49 per troy ounce, one gram of pure silver was worth about $0.14 on 28 August 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 68.8 on 28 August 2002, meaning one ounce of gold was worth roughly 68.8 ounces of silver.
It closed 12.09% below the highest close on record up to that date, which was set on 2002-06-04.