Silver Prices Decline on June 11... Volatility Expands Amid Rising U.S.-Iran Tensions
According to the Korea Gold Exchange on June 11, the market price of silver (3.75g) showed an overall weakness. The buying price was recorded at 13,310 won and

According to the Korea Gold Exchange on June 11, the market price of silver (3.75g) showed an overall weakness. The buying price was recorded at 13,310 won and the selling price at 10,910 won. Compared to the previous day, the buying price fell by 2.10% (-280 won) and the selling price dropped by 2.11% (-230 won).
International silver prices are experiencing increased volatility amid recent escalating geopolitical tensions surrounding the United States and Iran. On June 10 (local time), risk-averse sentiment spread across the New York financial markets, leading to a simultaneous decline in major indices. The Dow Jones Industrial Average fell by 1.87%, the S&P 500 by 1.62%, and the Nasdaq Composite by 1.98%, indicating a significant contraction in investor sentiment.
Market analysts assess that speculation over a potential increase in the intensity of the U.S. response against Iran has stimulated investor caution. Like gold, silver is classified as a representative safe-haven asset. However, because a high proportion of it is used in industrial sectors such as solar power, electric vehicles, and semiconductors, it has the characteristic of reacting sensitively to macroeconomic forecasts.
[This article is strictly not an investment solicitation. The content may merely represent opinions, so please do not use it as a reference or resource for your investments. All investments are made by individual choice and judgment, and investors bear the final responsibility. This publication assumes absolutely no responsibility.]
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