[June 6 Silver Price Trend] On the 6th, the price of silver (Silver, 3.75g) based on the Korea Gold Exchange recorded a decline compared to the previous day. The buying price dropped by 4.76% to 14,490 won, and the selling price fell by 4.71% to 11,890 won.

[Volatility of Silver Prices, More Sensitive Than Gold] Silver has a characteristic of reacting more sensitively to supply and demand changes because its market size is relatively small compared to gold. Because of this, it sometimes records a higher rate of increase than gold in a bull market, but conversely, volatility can expand significantly during a correction phase. In fact, silver prices showed a larger increase than gold during the liquidity expansion period after the 2008 global financial crisis and the economic recovery phase after COVID-19.

[Emerging as a Key Raw Material for Future Industries] Silver, once perceived solely as a precious metal, has now established itself as a key raw material for the growth of high-tech industries such as data centers, semiconductors, electric vehicles, and the solar power industry, drawing the attention of investors. If industrial demand and investment demand flow in simultaneously, the upward elasticity of silver prices could become even greater.

[Precautions for Investors] Experts advise that when investing in silver, it is necessary to comprehensively review complex factors such as changes in industrial demand, monetary policy, geopolitical risks, and the value of the dollar, in addition to short-term price movements.