On June 4, the price of silver (3.75g) showed a weak trend based on the Korea Gold Exchange. Based on the buying price, silver fell by 1.42% to 15,440 won, and based on the selling price, it also dropped by 1.42% to 12,660 won, recording an overall downward trend.

As volatility in the global financial market has recently expanded, investor interest in international silver prices is increasing. With major U.S. stock markets declining across the board, attention is also focusing on the silver market, not just gold. In particular, the financial market is on high alert due to escalating geopolitical tensions in the Middle East surrounding the U.S. and Iran, as well as expanding global economic uncertainty. Currently, investment sentiment for risk assets is shrinking, but safe assets are also failing to show a clear upward trend, resulting in a mixed market performance.

Silver is classified as a major precious metal asset alongside gold, but it has the distinct characteristic of having a high proportion of industrial demand. Because it is essential for various advanced industries such as solar panels, electric vehicles, semiconductors, and electronic devices, it reacts sensitively to economic outlooks and changes in industrial demand. The market predicts that if stock market volatility expands, the fact that silver simultaneously possesses the characteristics of both a safe asset and an industrial material will act as a key variable in future price trends.