According to the Korea Gold Exchange on June 24, the purchase price of silver (Silver, 3.75g) was recorded at 12,710 won, while the selling price stood at 16,310 won.

The purchase price dropped by 110 won, down 0.87% from the previous day, and the selling price also fell by 90 won, a 0.55% decrease.

This decline in silver prices is linked to the weak trend in U.S. stock markets the previous day. On June 23 (local time), major U.S. stock indices in New York — the Dow Jones Industrial Average, the S&P 500, and the Nasdaq — all declined simultaneously, with selling pressure concentrated particularly in AI-related stocks and semiconductor shares.

Silver is not only a representative precious metal but also serves as an industrial metal used in advanced industries such as semiconductors, solar energy, and electric vehicles, giving it a close correlation with the movement of tech stocks.

However, the market still assesses that the medium- to long-term demand outlook for silver remains robust. This is because competition to build artificial intelligence infrastructure continues, and investment in power grid expansion and eco-friendly energy is also steadily increasing. As silver is essential in solar panels, electronic components, and telecommunications equipment, it is expected to benefit from expanding industrial demand.

[※ This article is for investment reference purposes only, and the responsibility for investment decisions, including buying and selling, lies with the investor.]