On June 10, domestic silver prices plunged significantly compared to the previous trading day. Meanwhile, international silver prices are exhibiting high volatility due to geopolitical risks in the Middle East and uncertainties surrounding U.S. monetary policy.

■ June 10 Domestic Silver Price Trends Based on the Korea Gold Exchange on the 10th, the buying price of silver (Silver·3.75g) was 13,410 won, down 6.79% (910 won) from the previous day. The selling price also fell by 6.82% (750 won) to 11,000 won, indicating an overall bearish trend.

■ International Silver Price Volatility and Geopolitical Risk Recently, international silver prices have recorded high volatility as heightened military tensions in the Middle East intertwine with uncertainties regarding U.S. monetary policy. In particular, geopolitical risks are being highlighted again in the market as speculation spreads that the United States has launched responsive operations following the downing of a U.S. military helicopter. Analyses suggest that if the conflict between the U.S. and Iran escalates, the risk-averse sentiment in the global financial market could strengthen. Accordingly, while investors are closely watching the potential for U.S.-Iran conflict, they are also keeping a sharp eye on global economic and industrial demand trends.

■ Mixed Trends in the New York Stock Exchange and Tech Stock Corrections Amid these developments, the New York Stock Exchange closed with mixed trends overnight. The Dow Jones Industrial Average rose 0.17% from the previous trading day to 50,872.11. However, the S&P 500 Index and the Nasdaq Composite Index fell by 0.26% and 0.97%, respectively. As the correction in tech stocks continues, Wall Street investors are simultaneously keeping a close watch on the Middle East situation and U.S. economic indicators.

■ Spotlight on Silver's Value as an 'Industrial Material' Meanwhile, unlike gold, silver is also characterized by its strong nature as an industrial material. The use of silver in advanced industrial sectors such as solar panels, electric vehicles, semiconductors, and power infrastructure is steadily increasing, earning it a valuation beyond that of a mere safe-haven asset.

[This article is by no means intended as investment advice. The content may merely represent opinions, so please do not use it as a reference or resource for investments. All investments are made by individual choice and judgment, and investors bear the final responsibility. This publication assumes absolutely no responsibility.]