Based on Korea Gold Exchange prices on July 16, the trading prices for Silver (3.75g) are as follows.

• Purchase price (when buying): 11,340 won (down 160 won from the previous day, -1.41%)
• Redemption price (when selling): 9,620 won (down 150 won from the previous day, -1.56%)

Wall Street Closes Higher Across the Board

Overnight, the New York stock market saw all three major indices rise as investor sentiment improved following the release of U.S. inflation data. The Dow Jones Industrial Average closed at 52,658.64, up 0.29% from the previous session, the S&P 500 index rose 0.38% to 7,572.40, and the Nasdaq Composite finished trading at 26,269.23, up 0.62%.

U.S. June PPI Falls Short of Market Expectations

The market is focusing on the fact that the U.S. Producer Price Index (PPI) for June rose 5.5% year-on-year but came in below market expectations. The interpretation that wholesale price pressures were not as significant as feared led to a modest recovery in investor sentiment.

Geopolitical Risks Remain

However, geopolitical variables still persist. U.S. President Donald Trump said on the 15th (local time) regarding Iran, "I don't like to set deadlines. They know the situation. They should behave properly."

Future Outlook

With U.S. inflation trends, monetary policy expectations, and tensions surrounding the Middle East all simultaneously impacting the market, attention is focused on what direction silver prices will take going forward.

[※ This article is for reference in making investment decisions, and the final responsibility for investments lies with the investor.]