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Silver Price in August 2002

In August 2002, silver fell 3.4%, from $4.60 at the end of July to $4.44 per troy ounce on August 30, 2002. The highest close was $4.67 on August 7, 2002, the lowest $4.40 on August 19, 2002, and the average over 22 trading days was $4.52. Today's price is 1,189.0% higher than the August 2002 close.

End of July
$4.60
Month-end close
$4.44
Aug 30
Change
−3.4%
High
$4.67
Aug 7
Low
$4.40
Aug 19
Average
$4.52
22 trading days

Silver price chart, August 2002

US dollars per troy ounce · daily close
$4.38$4.54$4.69Jul 31Aug 6Aug 9Aug 15Aug 21Aug 26Aug 30

Daily Silver Prices, August 2002

Closing price for every trading day.

DateClose (USD per oz)ChangeUSD per gram
Aug 1Thu$4.58−0.33% $0.15
Aug 2Fri$4.59+0.22% $0.15
Aug 5Mon$4.63+0.87% $0.15
Aug 6Tue$4.61−0.43% $0.15
Aug 7Wed$4.67+1.34% $0.15
Aug 8Thu$4.64−0.79% $0.15
Aug 9Fri$4.67+0.69% $0.15
Aug 12Mon$4.59−1.65% $0.15
Aug 13Tue$4.58−0.28% $0.15
Aug 14Wed$4.46−2.67% $0.14
Aug 15Thu$4.48+0.56% $0.14
Aug 16Fri$4.49+0.22% $0.14
Aug 19Mon$4.40−1.96% $0.14
Aug 20Tue$4.43+0.73% $0.14
Aug 21Wed$4.42−0.38% $0.14
Aug 22Thu$4.46+1.02% $0.14
Aug 23Fri$4.42−0.94% $0.14
Aug 26Mon$4.44+0.34% $0.14
Aug 27Tue$4.50+1.47% $0.14
Aug 28Wed$4.50−0.11% $0.14
Aug 29Thu$4.53+0.71% $0.15
Aug 30Fri$4.44−1.99% $0.14
Daily closing prices of COMEX front-month silver futures (US dollars per troy ounce), which track the spot price closely.

How August usually goes for silver

In the 20 years from 2006 to 2025, silver rose in August 10 times out of 20, with an average move of +1.8% and a median of +1.9%.

Silver in August 2002: FAQ

What was the price of silver in August 2002?

Silver traded between $4.40 and $4.67 per troy ounce (daily closes) in August 2002, averaging $4.52. It closed the month at $4.44.

How much did silver go down in August 2002?

Silver fell 3.4%, from $4.60 to $4.44. The biggest daily rise was +1.5% on August 27, 2002 and the biggest fall −2.7% on August 14, 2002.

What was the silver price on August 1, 2002?

Silver closed at $4.58 per troy ounce on August 1, 2002, the first trading day of the month.

Is August usually a good month for silver?

In the 20 years from 2006 to 2025, silver rose in August 10 times out of 20, with an average move of +1.8% and a median of +1.9%. Past seasonal patterns are not a reliable guide to any single year.