Silver Price in February 2002
In February 2002, silver rose 6.7%, from $4.22 at the end of January to $4.50 per troy ounce on February 28, 2002. The highest close was $4.54 on February 15, 2002, the lowest $4.29 on February 4, 2002, and the average over 19 trading days was $4.42. Today's price is 1,106.0% higher than the February 2002 close.
- Silver rose 6.7% in US dollars in February 2002, leaving it down 1.8% for the year to date.
- Measured in other currencies, the change ranged from +5.5% in JPY to +6.7% in CNY, because exchange rates moved too.
- It did better than gold (+5.2%) and US stocks (−1.9%).
- It closed higher on 11 trading days and lower on 8, with an average daily move of 1.06%.
- At the end of the month it was 10.1% below its highest close since 2000.
- Gold/silver ratio: 66.9 → 66.0.
Silver price chart, February 2002
US dollars per troy ounce · daily closeSilver in other currencies, February 2002
| Currency | Change in the month |
|---|---|
| CNY | +6.7% |
| JPY | +5.5% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes silver rise more in local terms.
Silver vs other assets, February 2002
| Asset | Change (USD) |
|---|---|
| Silver | +6.7% |
| Gold | +5.2% |
| S&P 500 (with dividends) | −1.9% |
| US inflation (CPI, month) | +0.40% |
| Silver, year to date (end of February) | −1.8% |
| Gold/silver ratio | 66.9 → 66.0 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, February 2002
Closing price for every trading day.
| Date | Close (USD per oz) | Change | USD per gram |
|---|---|---|---|
| Feb 1Fri | $4.31 | +2.13% | $0.14 |
| Feb 4Mon | $4.29 | −0.42% | $0.14 |
| Feb 5Tue | $4.39 | +2.45% | $0.14 |
| Feb 6Wed | $4.36 | −0.73% | $0.14 |
| Feb 7Thu | $4.34 | −0.44% | $0.14 |
| Feb 8Fri | $4.45 | +2.53% | $0.14 |
| Feb 11Mon | $4.41 | −0.90% | $0.14 |
| Feb 12Tue | $4.48 | +1.59% | $0.14 |
| Feb 13Wed | $4.50 | +0.45% | $0.14 |
| Feb 14Thu | $4.53 | +0.56% | $0.15 |
| Feb 15Fri | $4.54 | +0.18% | $0.15 |
| Feb 19Tue | $4.47 | −1.50% | $0.14 |
| Feb 20Wed | $4.40 | −1.57% | $0.14 |
| Feb 21Thu | $4.42 | +0.45% | $0.14 |
| Feb 22Fri | $4.40 | −0.50% | $0.14 |
| Feb 25Mon | $4.37 | −0.68% | $0.14 |
| Feb 26Tue | $4.42 | +1.26% | $0.14 |
| Feb 27Wed | $4.42 | +0.09% | $0.14 |
| Feb 28Thu | $4.50 | +1.65% | $0.14 |
How February usually goes for silver
In the 20 years from 2006 to 2025, silver rose in February 10 times out of 20, with an average move of +1.6% and a median of +0.3%.
Silver in February 2002: FAQ
What was the price of silver in February 2002?
Silver traded between $4.29 and $4.54 per troy ounce (daily closes) in February 2002, averaging $4.42. It closed the month at $4.50.
How much did silver go up in February 2002?
Silver rose 6.7%, from $4.22 to $4.50. The biggest daily rise was +2.5% on February 8, 2002 and the biggest fall −1.6% on February 20, 2002.
What was the silver price on February 1, 2002?
Silver closed at $4.31 per troy ounce on February 1, 2002, the first trading day of the month.
Is February usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in February 10 times out of 20, with an average move of +1.6% and a median of +0.3%. Past seasonal patterns are not a reliable guide to any single year.
Did silver beat stocks in February 2002?
Yes. Silver was +6.7% for the month, against −1.9% for the S&P 500 with dividends.
Did silver keep up with inflation in February 2002?
US consumer prices (CPI) changed +0.40% in February, so silver's real (inflation-adjusted) change was about +6.2%.