According to the Korea Gold Exchange on July 3, the trading price of silver (3.75g) was recorded at 12,610 won for buying and 10,650 won for selling. Compared to the previous day, the buying price rose by 230 won (1.82%) and the selling price by 190 won (1.78%), showing a strong performance.

Recently, in the global financial market, U.S. stock markets have shown mixed trends, and investors' interest in the precious metals market continues. Amid fluctuating investment sentiment surrounding risk assets and safe-haven assets, silver is drawing clear market attention due to its dual characteristics as both a precious metal and an industrial raw material. In the New York stock market, which closed early morning on July 3 (Korean time), the Dow Jones Industrial Average recorded 52,900.07, up 594.83 points (1.14%) from the previous trading day, renewing its all-time high once again.

The following factors are cited as key variables that will determine the future direction of silver prices.

Short-term Outlook: Financial Market Volatility and Macroeconomy The market is watching upcoming major U.S. economic indicators, the Federal Reserve's monetary policy direction, the value of the dollar, and changes in Treasury yields. These macroeconomic factors can have a direct impact not only on the overall precious metals market but also on silver prices. Some believe that financial market volatility and economic outlook will be the primary factors determining the direction of silver prices in the short term.

Long-term Outlook: Demand Expansion Driven by Advanced Industry Growth In the long term, it is projected that if growth trends in advanced industries such as solar power, semiconductors, artificial intelligence (AI) data centers, and power infrastructure continue, industrial silver demand is likely to expand significantly.

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