As of 10:05 a.m. on June 2, the international silver price based on the SI New York Commodities Exchange recorded in the $75.43 per ounce range, marking a slight increase compared to the previous day.

According to the Korea Gold Exchange on this day, the domestic silver (3.75g) price was listed at 15,590 won for buying (a 0.13% increase from the previous day) and 12,790 won for selling (a 0.16% increase from the previous day).

The expansion of the artificial intelligence (AI) industry, increased investment in data centers, and the growth of the solar power industry are cited as the primary factors driving demand behind the upward trend in silver prices. Silver boasts excellent electrical and thermal conductivity, making it essential in various high-tech industries, including semiconductors, electric vehicles, solar panels, and telecommunications equipment.

The market analysis suggests that if the AI investment boom continues, industrial silver demand could also increase through the expansion of related infrastructure. Furthermore, the fact that tech-centric investment sentiment has not been significantly damaged recently is also evaluated as a positive factor for the silver market.

However, historically, silver is known as an asset with higher volatility than gold, requiring caution in investment. While gold focuses on stability, silver has a high economic sensitivity; thus, while it can achieve higher returns in a bull market, its declines often widen during a market correction.