Highest so far that month
No earlier session that month closed above this level.
This page is a historical record of the silver price in 29 October 2002, not the current price.See today's silver price (11 September 2026)
Highest closing price since 30 September 2002
Silver closed at $4.502 per troy ounce on 29 October 2002, up $0.098 (2.23%) from the previous close of $4.404.
Notable session: highest close of the month.
This was a 2.23% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
No earlier session that month closed above this level.
This close sat 11.95% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.231, making this a +6.41% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.50 per troy ounce on 29 October 2002. That is $0.10 higher than the previous close of $4.40, a move of 2.23%.
The silver price rose on 29 October 2002, gaining $0.10 (2.23%) against the previous session's close of $4.40.
At $4.50 per troy ounce, one gram of pure silver was worth about $0.14 on 29 October 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 70.6 on 29 October 2002, meaning one ounce of gold was worth roughly 70.6 ounces of silver.
A week before 29 October 2002, silver was around $4.40 per troy ounce, so the close of $4.50 is a gain of 2.2% over the week.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 11.95% below the highest close on record up to that date, which was set on 2002-06-04.