Distance from the record
This close sat 7.40% 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 8 January 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.633 per troy ounce on 8 January 2002, down $0.027 (0.58%) from the previous close of $4.660.
This close sat 7.40% below the highest silver close recorded up to that date, set on 2000-08-31.
Twelve months earlier silver traded around $4.545, making this a +1.94% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.63 per troy ounce on 8 January 2002. That is $0.03 lower than the previous close of $4.66, a move of -0.58%.
The silver price fell on 8 January 2002, losing $0.03 (0.58%) against the previous session's close of $4.66.
At $4.63 per troy ounce, one gram of pure silver was worth about $0.15 on 8 January 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 60.2 on 8 January 2002, meaning one ounce of gold was worth roughly 60.2 ounces of silver.
A month before 8 January 2002, silver was around $4.25 per troy ounce, so the close of $4.63 is a gain of 9.0% over the month.
It closed 7.40% below the highest close on record up to that date, which was set on 2000-08-31.