Distance from the record
This close sat 11.48% below the highest silver close recorded up to that date, set on 2002-06-04.
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This page is a historical record of the silver price in 8 November 2002, not the current price.See today's silver price (11 September 2026)
Silver closed at $4.526 per troy ounce on 8 November 2002, down $0.018 (0.40%) from the previous close of $4.544.
This close sat 11.48% below the highest silver close recorded up to that date, set on 2002-06-04.
Twelve months earlier silver traded around $4.068, making this a +11.26% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.53 per troy ounce on 8 November 2002. That is $0.02 lower than the previous close of $4.54, a move of -0.40%.
The silver price fell on 8 November 2002, losing $0.02 (0.40%) against the previous session's close of $4.54.
At $4.53 per troy ounce, one gram of pure silver was worth about $0.15 on 8 November 2002. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.0 on 8 November 2002, meaning one ounce of gold was worth roughly 71.0 ounces of silver.
A week before 8 November 2002, silver was around $4.41 per troy ounce, so the close of $4.53 is a gain of 2.5% over the week.
It closed 11.48% below the highest close on record up to that date, which was set on 2002-06-04.