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Silver Price in May 2002

In May 2002, silver rose 10.9%, from $4.53 at the end of April to $5.03 per troy ounce on May 31, 2002. The highest close was $5.03 on May 31, 2002, the lowest $4.53 on May 1, 2002, and the average over 22 trading days was $4.72. Today's price is 1,037.9% higher than the May 2002 close.

End of April
$4.53
Month-end close
$5.03
May 31
Change
+10.9%
High
$5.03
May 31
Low
$4.53
May 1
Average
$4.72
22 trading days

Silver price chart, May 2002

US dollars per troy ounce · daily close
$4.49$4.78$5.07Apr 30May 6May 9May 15May 21May 24May 31

Daily Silver Prices, May 2002

Closing price for every trading day.

DateClose (USD per oz)ChangeUSD per gram
May 1Wed$4.53−0.07% $0.15
May 2Thu$4.54+0.31% $0.15
May 3Fri$4.60+1.19% $0.15
May 6Mon$4.60−0.02% $0.15
May 7Tue$4.62+0.48% $0.15
May 8Wed$4.57−1.00% $0.15
May 9Thu$4.62+0.94% $0.15
May 10Fri$4.66+0.93% $0.15
May 13Mon$4.60−1.33% $0.15
May 14Tue$4.600.00% $0.15
May 15Wed$4.63+0.65% $0.15
May 16Thu$4.64+0.28% $0.15
May 17Fri$4.65+0.32% $0.15
May 20Mon$4.77+2.47% $0.15
May 21Tue$4.83+1.36% $0.16
May 22Wed$4.83−0.19% $0.16
May 23Thu$4.90+1.49% $0.16
May 24Fri$4.86−0.82% $0.16
May 28Tue$4.87+0.27% $0.16
May 29Wed$4.93+1.29% $0.16
May 30Thu$4.97+0.73% $0.16
May 31Fri$5.03+1.15% $0.16
Daily closing prices of COMEX front-month silver futures (US dollars per troy ounce), which track the spot price closely.

How May usually goes for silver

In the 20 years from 2006 to 2025, silver rose in May 9 times out of 20, with an average move of +0.3% and a median of −0.7%.

Silver in May 2002: FAQ

What was the price of silver in May 2002?

Silver traded between $4.53 and $5.03 per troy ounce (daily closes) in May 2002, averaging $4.72. It closed the month at $5.03.

How much did silver go up in May 2002?

Silver rose 10.9%, from $4.53 to $5.03. The biggest daily rise was +2.5% on May 20, 2002 and the biggest fall −1.3% on May 13, 2002.

What was the silver price on May 1, 2002?

Silver closed at $4.53 per troy ounce on May 1, 2002, the first trading day of the month.

Is May usually a good month for silver?

In the 20 years from 2006 to 2025, silver rose in May 9 times out of 20, with an average move of +0.3% and a median of −0.7%. Past seasonal patterns are not a reliable guide to any single year.