Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 7 August 2002, not the current price.See today's silver price (11 September 2026)
Highest closing price since 25 July 2002
Silver closed at $4.672 per troy ounce on 7 August 2002, up $0.062 (1.34%) from the previous close of $4.610.
Notable session: highest 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.
No earlier session that month closed above this level.
This close sat 8.63% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.158, making this a +12.36% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.67 per troy ounce on 7 August 2002. That is $0.06 higher than the previous close of $4.61, a move of 1.34%.
The silver price rose on 7 August 2002, gaining $0.06 (1.34%) against the previous session's close of $4.61.
At $4.67 per troy ounce, one gram of pure silver was worth about $0.15 on 7 August 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 67.3 on 7 August 2002, meaning one ounce of gold was worth roughly 67.3 ounces of silver.
A month before 7 August 2002, silver was around $4.93 per troy ounce, so the close of $4.67 is a loss of 5.3% over the month.
A year before 7 August 2002, silver was around $4.16 per troy ounce. The close of $4.67 therefore represents a rise of 12.4% over twelve months.
It closed 8.63% below the highest close on record up to that date, which was set on 2002-06-04.