Jun 1, 2026
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June 1 Today's Silver Price Trends... The Reason for Its Sensitive Reaction to Global Affairs Including U.S.-Iran Tensions

As of June 1, according to the Korea Gold Exchange, the buying price of 3.75g of silver was recorded at 15,640 won, and the selling price at 12,830 won. Compare

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  • As of June 1, according to the Korea Gold Exchange, the buying price of 3.75g of silver was recorded at 15,640 won, and the selling price at 12,830 won. Compare
June 1 Today's Silver Price Trends... The Reason for Its Sensitive Reaction to Global Affairs Including U.S.-Iran Tensions

As of June 1, according to the Korea Gold Exchange, the buying price of 3.75g of silver was recorded at 15,640 won, and the selling price at 12,830 won. Compared to the previous day, the buying price increased by 90 won (a 0.58% rise), and the selling price also increased by 80 won (a 0.62% rise), showing a strong performance.

While new technologies and investment products continue to emerge in the constantly changing financial market, humanity still turns to gold in times of heightened uncertainty. However, silver is recently regaining attention in the global commodities market. In the past, it was perceived as a precious metal overshadowed by gold, but recently, its dual character as a 'safe asset' and 'industrial material' has been highlighted, expanding its influence in the market.

In particular, as military tensions surrounding the United States and Iran continue, silver prices are also reacting sensitively to changes in global affairs. Unlike gold, silver is not simply a safe asset; it is also directly influenced by economic trends. When the economy grows, prices may rise due to increased industrial demand, but conversely, if fears of an economic recession grow, it faces pressure from decreased industrial demand.

However, since the full-scale outbreak of war following recent military conflicts between the United States and Iran, safe assets have not shown a clear strong performance in the international financial market, despite the expansion of risk-averse sentiment. This is analyzed to be due to concerns over U.S. interest rates caused by the surge in international oil prices.

[This article is absolutely not an investment solicitation. All investments are made by individual choice and judgment, and please note that the final responsibility lies with the investor.]