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 8 July 2002, not the current price.See today's silver price (11 September 2026)
Highest closing price since 7 June 2002
Silver closed at $4.960 per troy ounce on 8 July 2002, up $0.025 (0.51%) from the previous close of $4.935.
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.
No earlier session that month closed above this level.
This close sat 2.99% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.235, making this a +17.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.96 per troy ounce on 8 July 2002. That is $0.03 higher than the previous close of $4.93, a move of 0.51%.
The silver price rose on 8 July 2002, gaining $0.03 (0.51%) against the previous session's close of $4.93.
At $4.96 per troy ounce, one gram of pure silver was worth about $0.16 on 8 July 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 62.9 on 8 July 2002, meaning one ounce of gold was worth roughly 62.9 ounces of silver.
A week before 8 July 2002, silver was around $4.83 per troy ounce, so the close of $4.96 is a gain of 2.6% over the week.
A year before 8 July 2002, silver was around $4.24 per troy ounce. The close of $4.96 therefore represents a rise of 17.1% over twelve months.
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 2.99% below the highest close on record up to that date, which was set on 2002-06-04.