According to the Korea Gold Exchange on July 17, the buying price of silver (3.75g) was recorded at 10,880 won, and the selling price at 9,240 won. Compared to the previous day, the buying price dropped by 270 won (2.48%) and the selling price also fell by 230 won (2.49%). Based on SI (silver) prices at the New York Mercantile Exchange, the international silver price stood at $55.93 per ounce, continuing to trade below the $60 mark.

On the previous day (July 16, local time), the New York stock market saw a broad sell-off across all stocks, centered on semiconductor shares, as valuation concerns surrounding artificial intelligence (AI)-related stocks came to the fore. Profit-taking sell orders poured mainly into the semiconductor sector, which is analyzed to have dampened investor sentiment.

In addition, as the so-called "two wars" — the United States-Iran and Russia-Ukraine conflicts — simultaneously escalated tensions, investors grew increasingly cautious. While international oil prices showed unstable movements due to the Middle East conflict, concerns over disruptions to grain supply were compounded by fighting in the Black Sea region. Inflationary pressure stemming from rising energy and food prices has once again emerged as a burden on the market.

Investor attention is now focused on the future direction of silver, a safe-haven asset.

[※ Investors are solely responsible for their investment decisions, and it is essential to verify relevant disclosures and company fundamentals before investing.]