Silver Price in June 2002
In June 2002, silver fell 3.8%, from $5.03 at the end of May to $4.83 per troy ounce on June 28, 2002. The highest close was $5.11 on June 4, 2002, the lowest $4.82 on June 17, 2002, and the average over 20 trading days was $4.90. Today's price is 1,022.3% higher than the June 2002 close.
- Silver fell 3.8% in US dollars in June 2002, leaving it up 5.5% for the year to date.
- Measured in other currencies, the change ranged from −7.4% in JPY to −3.8% in CNY, because exchange rates moved too.
- It did better than gold (−4.0%) and US stocks (−7.1%).
- It closed higher on 10 trading days and lower on 10, with an average daily move of 0.81%.
- At the end of the month it was 5.5% below its highest close since 2000.
- Gold/silver ratio: 65.0 → 64.9.
Silver price chart, June 2002
US dollars per troy ounce · daily closeSilver in other currencies, June 2002
| Currency | Change in the month |
|---|---|
| CNY | −3.8% |
| PKR | −3.8% |
| JPY | −7.4% |
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, June 2002
| Asset | Change (USD) |
|---|---|
| Silver | −3.8% |
| Gold | −4.0% |
| S&P 500 (with dividends) | −7.1% |
| US inflation (CPI, month) | +0.06% |
| Silver, year to date (end of June) | +5.5% |
| Gold/silver ratio | 65.0 → 64.9 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, June 2002
Closing price for every trading day.
| Date | Close (USD per oz) | Change | USD per gram |
|---|---|---|---|
| Jun 3Mon | $5.07 | +0.84% | $0.16 |
| Jun 4Tue | $5.11 | +0.89% | $0.16 |
| Jun 5Wed | $4.93 | −3.52% | $0.16 |
| Jun 6Thu | $4.99 | +1.07% | $0.16 |
| Jun 7Fri | $4.97 | −0.30% | $0.16 |
| Jun 10Mon | $4.90 | −1.37% | $0.16 |
| Jun 11Tue | $4.87 | −0.61% | $0.16 |
| Jun 12Wed | $4.91 | +0.76% | $0.16 |
| Jun 13Thu | $4.83 | −1.69% | $0.16 |
| Jun 14Fri | $4.85 | +0.41% | $0.16 |
| Jun 17Mon | $4.82 | −0.56% | $0.15 |
| Jun 18Tue | $4.84 | +0.46% | $0.16 |
| Jun 19Wed | $4.84 | −0.06% | $0.16 |
| Jun 20Thu | $4.87 | +0.58% | $0.16 |
| Jun 21Fri | $4.85 | −0.31% | $0.16 |
| Jun 24Mon | $4.86 | +0.25% | $0.16 |
| Jun 25Tue | $4.83 | −0.72% | $0.16 |
| Jun 26Wed | $4.85 | +0.41% | $0.16 |
| Jun 27Thu | $4.88 | +0.56% | $0.16 |
| Jun 28Fri | $4.83 | −0.88% | $0.16 |
How June usually goes for silver
In the 20 years from 2006 to 2025, silver rose in June 7 times out of 20, with an average move of −2.0% and a median of −3.2%.
Silver in June 2002: FAQ
What was the price of silver in June 2002?
Silver traded between $4.82 and $5.11 per troy ounce (daily closes) in June 2002, averaging $4.90. It closed the month at $4.83.
How much did silver go down in June 2002?
Silver fell 3.8%, from $5.03 to $4.83. The biggest daily rise was +1.1% on June 6, 2002 and the biggest fall −3.5% on June 5, 2002.
What was the silver price on June 3, 2002?
Silver closed at $5.07 per troy ounce on June 3, 2002, the first trading day of the month.
Is June usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in June 7 times out of 20, with an average move of −2.0% and a median of −3.2%. Past seasonal patterns are not a reliable guide to any single year.
Did silver beat stocks in June 2002?
Yes. Silver was −3.8% for the month, against −7.1% for the S&P 500 with dividends.
Did silver keep up with inflation in June 2002?
US consumer prices (CPI) changed +0.06% in June, so silver's real (inflation-adjusted) change was about −3.9%.