Silver Price at 14,260 Won per 3.75g as of June 17... Fed Rate Decision and U.S. Economic Indicators to Determine Direction
As of June 17, according to the Korea Gold Exchange, the silver price (3.75g) was recorded at 14,260 won for buying and 11,930 won for selling. Compared to the

As of June 17, according to the Korea Gold Exchange, the silver price (3.75g) was recorded at 14,260 won for buying and 11,930 won for selling. Compared to the previous trading day, both the buying and selling prices rose by 0.42%, increasing by 60 won and 50 won, respectively.
Silver is a representative asset that draws attention during periods of heightened financial market volatility, owing to its dual nature as both a precious metal and an industrial raw material. In particular, because it is directly linked to demand from advanced industries such as solar power, electric vehicles, and semiconductors, its price simultaneously reflects economic expectations and safe-haven asset demand.
As expectations for a ceasefire between the United States and Iran have recently spread, easing some of the upward pressure on international oil prices, investors are becoming increasingly attuned to the Federal Reserve's (Fed) interest rate policy and U.S. economic indicators. Some analyses suggest that if expectations for rate cuts persist, the strength of the dollar will be limited, potentially creating a favorable environment for silver prices.
Experts believe that while silver will be influenced by stock market volatility and dollar movements in the short term, over the medium to long term, increasing industrial demand driven by the green energy transition and the expansion of advanced manufacturing could support prices.
[※ Investment decisions are the responsibility of the investor, and the content included in this article may change depending on market conditions.]
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