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 May 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.618 per troy ounce on 7 May 2002, up $0.022 (0.48%) from the previous close of $4.596.
No earlier session that month closed above this level.
This close sat 7.70% below the highest silver close recorded up to that date, set on 2000-08-31.
Twelve months earlier silver traded around $4.294, making this a +7.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.62 per troy ounce on 7 May 2002. That is $0.02 higher than the previous close of $4.60, a move of 0.48%.
The silver price rose on 7 May 2002, gaining $0.02 (0.48%) against the previous session's close of $4.60.
At $4.62 per troy ounce, one gram of pure silver was worth about $0.15 on 7 May 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 67.5 on 7 May 2002, meaning one ounce of gold was worth roughly 67.5 ounces of silver.
It closed 7.70% below the highest close on record up to that date, which was set on 2000-08-31.