Distance from the record
This close sat 9.35% below the highest silver close recorded up to that date, set on 2002-06-04.
This page is a historical record of the silver price in 8 August 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.635 per troy ounce on 8 August 2002, down $0.037 (0.79%) from the previous close of $4.672.
This close sat 9.35% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.138, making this a +12.01% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.64 per troy ounce on 8 August 2002. That is $0.04 lower than the previous close of $4.67, a move of -0.79%.
The silver price fell on 8 August 2002, losing $0.04 (0.79%) against the previous session's close of $4.67.
At $4.64 per troy ounce, one gram of pure silver was worth about $0.15 on 8 August 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 67.0 on 8 August 2002, meaning one ounce of gold was worth roughly 67.0 ounces of silver.
A week before 8 August 2002, silver was around $4.44 per troy ounce, so the close of $4.64 is a gain of 4.5% over the week.
A month before 8 August 2002, silver was around $4.96 per troy ounce, so the close of $4.64 is a loss of 6.6% over the month.
A year before 8 August 2002, silver was around $4.14 per troy ounce. The close of $4.64 therefore represents a rise of 12.0% over twelve months.
It closed 9.35% below the highest close on record up to that date, which was set on 2002-06-04.