Distance from the record
This close sat 15.77% below the highest silver close recorded up to that date, set on 2000-08-31.
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This page is a historical record of the silver price in 31 October 2001, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.214 per troy ounce on 31 October 2001, down $0.038 (0.89%) from the previous close of $4.252.
This close sat 15.77% below the highest silver close recorded up to that date, set on 2000-08-31.
Twelve months earlier silver traded around $4.754, making this a -11.36% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.21 per troy ounce on 31 October 2001. That is $0.04 lower than the previous close of $4.25, a move of -0.89%.
The silver price fell on 31 October 2001, losing $0.04 (0.89%) against the previous session's close of $4.25.
At $4.21 per troy ounce, one gram of pure silver was worth about $0.14 on 31 October 2001. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 66.3 on 31 October 2001, meaning one ounce of gold was worth roughly 66.3 ounces of silver.
A month before 31 October 2001, silver was around $4.65 per troy ounce, so the close of $4.21 is a loss of 9.3% over the month.
It closed 15.77% below the highest close on record up to that date, which was set on 2000-08-31.