As of 10:05 a.m. on June 2, the international silver price based on the SI New York Commodities Exchange rose slightly to the $75.43 per ounce level compared to the previous day.

According to the Korea Gold Exchange on this day, the domestic silver (3.75g) price also showed an upward trend. The buying price of silver rose 0.13% from the previous day to 15,590 won, and the selling price rose 0.16% to 12,790 won.

The expansion of the artificial intelligence (AI) industry, increased investment in data centers, and the growth of the solar power industry are acting as factors stimulating demand, serving as the background for this upward trend in silver prices. Silver has excellent electrical and thermal conductivity, making it essential for use in various advanced industries such as semiconductors, electric vehicles, solar panels, and telecommunications equipment.

The market analyzes that if the AI investment boom continues, industrial silver demand could also increase alongside 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, volatility must also be considered when investing. Historically, silver is known as an asset with higher volatility than gold. While gold focuses on stability, silver has a high economic sensitivity, meaning it sometimes records higher returns in a bull market, but also has the characteristic of wider declines during a market correction.