Silver Price in 2002

The silver price rose 3.3% in 2002, from $4.52 at the end of 2001 to $4.67. Its highest close was $5.10 on Jul 16, and its lowest $4.24 on Jan 29. The biggest one-day fall was −3.7% on Jul 29 and the biggest rise +4.2% on Feb 6. Adjusted for inflation, it gained 0.9%.

Daily COMEX prices, the year in 12 currencies and festival prices: Silver Price in 2002 →

Change in 2002

+3.3%

$4.52 → $4.67

High

$5.10

Jul 16

Low

$4.24

Jan 29

After inflation

+0.9%

US CPI

Up days

118 of 252

longest run 5 up, 6 down

Below record

-90.6%

at the end of 2002

Silver Price, daily closes 2002

Numbers mark the events below

Key Events in 2002

What happened, and how the Silver moved — on the day (or the next trading day) and about a month later.

1
Tuesday, January 1

Euro banknotes and coins enter circulation. Source

Silver: +1.5% next trading day (Jan 2) · −4.9% a month later
2
Wednesday, February 6 From the data

Biggest one-day rise of the year: +4.2%.
3
Monday, July 15

The euro reaches parity with the US dollar. Source

Silver: −0.2% that day · −6.9% a month later
4
Monday, July 29 From the data

Biggest one-day fall of the year: −3.7%.

Biggest days of 2002

Best days		Worst days
Feb 6	+4.2%	Jul 29	−3.7%
Dec 4	+2.9%	Jan 18	−3.5%
May 31	+2.9%	Aug 15	−3.0%
May 21	+2.8%	Apr 16	−2.6%
Jan 16	+2.4%	Jul 24	−2.6%

Volatility: 18.7% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	$4.28	−5.3%	$4.85	$4.24
Feb	$4.44	+3.7%	$4.58	$4.25
Mar	$4.68	+5.4%	$4.68	$4.48
Apr	$4.60	−1.7%	$4.70	$4.45
May	$5.05	+9.8%	$5.05	$4.52
Jun	$4.87	−3.6%	$5.05	$4.82
Jul	$4.66	−4.3%	$5.10	$4.65
Aug	$4.57	−1.9%	$4.71	$4.42
Sep	$4.53	−0.9%	$4.65	$4.47
Oct	$4.48	−1.1%	$4.52	$4.30
Nov	$4.43	−1.1%	$4.59	$4.43
Dec	$4.67	+5.4%	$4.74	$4.43

Other Markets in 2002

Change over the calendar year.

Market	Change	Year-end
Silver Price	+3.3%	$4.67
Dow Jones Industrial Average in 2002	−16.8%	8,341.63
S&P 500 in 2002	−23.4%	879.82
Nasdaq Composite in 2002	−31.5%	1,335.51
Russell 2000 in 2002	−21.6%	383.09
Nikkei 225 in 2002	−18.6%	8,578.95
Gold in 2002	+25.6%	$347.20
WTI crude oil in 2002	+56.4%	$31.21
Brent crude oil in 2002	+55.7%	$30.12
US 10-year Treasury yield in 2002	−1.24 pp	3.83%

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Silver Price in 2002: FAQ

How much did the silver price rise in 2002?

What were the highest and lowest closes of the silver price in 2002?

Highest: $5.10 on July 16, 2002. Lowest: $4.24 on January 29, 2002. It closed higher on 118 of 252 trading days.

What happened to the silver price on January 1, 2002?

Euro banknotes and coins enter circulation. The silver price rose 1.5% on the next trading day (January 2, 2002), and was −4.9% a month later.

Data: London silver fix from 1968 to Jan 2018 (gaps filled with Perth Mint spot), COMEX silver futures closes after that. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.