According to the Korea Gold Exchange on July 1, silver prices (based on 3.75g) declined compared to the previous day. The buying price fell by 0.57% (70 won) to 12,200 won, and the selling price dropped by 0.59% (60 won) to 10,200 won.

While silver prices are showing minor adjustments, investors are closely watching what impact the strong upward trend in the U.S. stock market and expectations for expanded industrial demand will have on silver prices.

On the previous day (June 30, local time), the New York stock market closed uniformly higher, driven by tech-centered buying. The Dow Jones Industrial Average rose by 136.46 points (0.26%) from the previous trading day to 52,319.20, while the Standard & Poor's (S&P) 500 Index climbed 58.93 points (0.79%) to 4,999.36.

As optimism about the growth of the artificial intelligence (AI) industry leads the New York stock market, attention is also focusing on the long-term demand outlook for silver, which is used in the semiconductor and electronics industries. In the market, there are projections that expanded AI investment, data center construction, and increased production of advanced semiconductors could support industrial silver demand over the long term.

Silver, with its excellent electrical and thermal conductivity, is considered a key material in various advanced industries such as semiconductors, electronic components, and solar panels. Because it has the dual characteristics of a precious metal and an industrial raw material, analyses of increased industrial demand tend to be reflected in prices when expectations for an economic recovery grow.

However, factors such as a strong dollar, the direction of U.S. monetary policy, and concerns over a global economic slowdown are cited as variables that could increase short-term price volatility.

[※ This article is not intended to solicit investment. The final judgment and responsibility for all investments lie with the investor.]