Silver Price Surge Explained | Can It Go Above $100/oz? | Latest Update | Drishti IAS English

For admission to the GS Studio Foundation Course, click on the link: English Medium: https://drishti.xyz/GS-Studio-Foundat... Hinglish Medium: https://drishti.xyz/gs-studio-foundat... Hindi Medium: https://drishti.xyz/GS-Studio-Foundat... For more information about the GS Studio Foundation Course or counselling, click on the link: https://drishti.xyz/GS-Studio-Foundat... ************************************************************************** In a significant development, silver prices surged to new heights, reaching an all-time high of $94.74 per ounce on the COMEX, as well as ₹3.19 lakh per kilogram on MCX on January 20, 2026. This surge is attributed to the heightened geopolitical tensions sparked by President Donald Trump’s bid to control Greenland, causing market unrest and driving demand for safe-haven assets like precious metals. Gold also traded near its all-time high at $4,670 during this period. The rally in silver prices comes amid escalating concerns over the US’s confrontational trade stance, especially with European NATO allies. Trump’s announcement of tariffs on eight European nations opposing his Greenland move has added to the global uncertainty. As Europe braces for potential responses, including France's efforts to activate the EU's anti-coercion mechanism, silver’s value has continued to rise. Dear Viewers, The ‘Latest Update’ Programme is Team Drishti IAS English's new initiative. The main objective of this program is to cover all the relevant and important topics from UPSC and state PSC points of view. In this program, one topic of current affairs will be discussed in a concise manner. This will make it easy for aspirants to understand the news. A lot of direct questions asked in the preliminary examinations are covered in this program. Similarly, this program will help you a lot in making the answers authentic in the mains examination as well. We hope that you like this initiative of ours, and you will be able to take full advantage of it. You must share your feedback related to the program with us in the comment box. Please Like, Share & Subscribe! ************************************************************************** 𝐋𝐢𝐧𝐤𝐬 𝐨𝐟 𝐘𝐨𝐮𝐓𝐮𝐛𝐞 Important 𝐏𝐥𝐚𝐲𝐥𝐢𝐬𝐭𝐬- 1. Latest Update: https://drishti.xyz/Latest-Update 2. NCERT Foundation Series: https://drishti.xyz/NCERT-Foundation-... 3. How to Prepare Optional: https://drishti.xyz/How-to-Prepare-Op... 4. Optional Subject Demo Classes: https://drishti.xyz/Optional-Subject-... 5. UPSC Mock Interview 2024: https://drishti.xyz/UPSC-2024-Mock-In... 6. IAS Toppers Talk 2024: https://drishti.xyz/Toppers-Talk-2024... 7. Voices of the Revolution: https://drishti.xyz/Voices-of-the-rev... ************************************************************************* Our Key Courses: 1. GS Foundation Courses: https://drishti.xyz/GS-foundation-Onl... 2. GS Studio Foundation Course (Hindi): https://drishti.xyz/GS-Studio-Foundat... 3. GS Studio Foundation Course (Hinglish): https://drishti.xyz/gs-studio-foundat... 4. GS Studio Foundation Course (English): https://drishti.xyz/GS-Studio-Foundat... 5. NCERT Online Courses: https://drishti.xyz/NCERT-Online-Courses 6. UPSC Optional Subjects Online Courses: https://drishti.xyz/UPSC-Optional-Sub... 7.IAS Prelims 2026 Online Courses: https://drishti.xyz/IAS-Prelims-2026-... 8. IAS Mains 2026 Online Courses: https://drishti.xyz/IAS-Mains-2026-On... 9. Current Affairs (Prelims + Mains) IAS 2026 Online Courses: https://drishti.xyz/UPSC-Current-Affa... 10. UPSC Prelims 2026 Test Series: https://drishti.xyz/IAS-Prelims-2026-... 11. UPSC Mains 2026 Test Series: https://drishti.xyz/IAS-Mains-2026-Te... 12. EPFO Online Course: https://drishti.xyz/UPSC-EPFO-Online-... 13. CAPF Online Courses: https://drishti.xyz/CAPF-Online-Courses ************************************************************************* 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐃𝐫𝐢𝐬𝐡𝐭𝐢 𝐋𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐀𝐩𝐩 𝐧𝐨𝐰 : IOS: https://drishti.xyz/DLA-IOS Android : https://drishti.xyz/DLA-Android Windows : https://drishti.xyz/DLA-Windows =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ 𝐅𝐨𝐥𝐥𝐨𝐰 𝐮𝐬 𝐨𝐧 𝐬𝐨𝐜𝐢𝐚𝐥 𝐦𝐞𝐝𝐢𝐚 : https://drishti.xyz/SocialMedia-YT #Silver | #LatestUpdate | #DrishtiIASEnglish | #upsc2026 #Geoeconomics #Trade #Metals #silverprice #UPSCPreparation | #CivilServicesExam | #IASPreparation | #UPSC2026 | #UPSCMotivation | #CurrentAffairs | #upscmains