Silver price breaks $95 and then slips as Greenland tariff threat fuels haven rush
NEW YORK, Jan 20, 2026, 13:41 (EST) — Regular session. Spot silver hit a record $95.87 a troy ounce on Tuesday before easing. Silver was down 0.1% at $94.60 by 1:02 p.m. ET and is up more than 32% this year after a 147% surge in 2025. “A softer dollar is providing an additional tailwind for precious metals,” said Fawad Razaqzada, market analyst at City Index and FOREX.com. (Reuters) The move followed President Donald Trump’s weekend threat to impose tariffs on select European countries unless they agree to hand Greenland to the United States, reviving talk of a “Sell America”