Distance from the record
This close sat 10.13% below the highest silver close recorded up to that date, set on 2002-06-04.
Loading…
This page is a historical record of the silver price in 31 July 2002, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 8 May 2002
Silver closed at $4.595 per troy ounce on 31 July 2002, down $0.060 (1.29%) from the previous close of $4.655.
Notable session: lowest close of the month.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 10.13% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.210, making this a +9.14% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.59 per troy ounce on 31 July 2002. That is $0.06 lower than the previous close of $4.66, a move of -1.29%.
The silver price fell on 31 July 2002, losing $0.06 (1.29%) against the previous session's close of $4.66.
At $4.59 per troy ounce, one gram of pure silver was worth about $0.15 on 31 July 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 66.0 on 31 July 2002, meaning one ounce of gold was worth roughly 66.0 ounces of silver.
A week before 31 July 2002, silver was around $4.85 per troy ounce, so the close of $4.59 is a loss of 5.3% over the week.
It closed 10.13% below the highest close on record up to that date, which was set on 2002-06-04.