Distance from the record
This close sat 8.61% 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 May 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.572 per troy ounce on 8 May 2002, down $0.046 (1.00%) from the previous close of $4.618.
This close sat 8.61% below the highest silver close recorded up to that date, set on 2000-08-31.
Twelve months earlier silver traded around $4.304, making this a +6.23% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.57 per troy ounce on 8 May 2002. That is $0.05 lower than the previous close of $4.62, a move of -1.00%.
The silver price fell on 8 May 2002, losing $0.05 (1.00%) against the previous session's close of $4.62.
At $4.57 per troy ounce, one gram of pure silver was worth about $0.15 on 8 May 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 67.4 on 8 May 2002, meaning one ounce of gold was worth roughly 67.4 ounces of silver.
It closed 8.61% below the highest close on record up to that date, which was set on 2000-08-31.