Highest so far that year
At the time, no session earlier in the year had closed higher.
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This page is a historical record of the silver price in 7 January 2002, not the current price.See today's silver price (11 September 2026)
Highest closing price since 5 October 2001
Silver closed at $4.660 per troy ounce on 7 January 2002, up $0.018 (0.39%) from the previous close of $4.642.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
At the time, no session earlier in the year had closed higher.
This close sat 6.86% below the highest silver close recorded up to that date, set on 2000-08-31.
Twelve months earlier silver traded around $4.555, making this a +2.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.66 per troy ounce on 7 January 2002. That is $0.02 higher than the previous close of $4.64, a move of 0.39%.
The silver price rose on 7 January 2002, gaining $0.02 (0.39%) against the previous session's close of $4.64.
At $4.66 per troy ounce, one gram of pure silver was worth about $0.15 on 7 January 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 59.8 on 7 January 2002, meaning one ounce of gold was worth roughly 59.8 ounces of silver.
A month before 7 January 2002, silver was around $4.25 per troy ounce, so the close of $4.66 is a gain of 9.6% over the month.
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 6.86% below the highest close on record up to that date, which was set on 2000-08-31.
The most recent higher close was about 3 months earlier — 61 trading sessions before this one.