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Silver Soars to $95 Amid Strong Industrial Demand

1/23/2026

50 10 Full Breakdown

Center

Silver Surge Continues

Silver surged in 2025, rising from about $30 to over $90 per ounce.
As of January 2026, silver trades near $95, driven by strong industrial demand from solar and electric vehicle sectors.
Ongoing supply deficits and strong demand position silver favorably against gold.
If Federal Reserve rate hikes occur, silver could be more negatively affected than gold due to its industrial uses, underscoring investment volatility.

Left

Trump Threatens Tariffs

On January 20, 2026, U.S. President Donald Trump threatened new tariffs on eight European nations to press for U.S. control of Greenland.
The S&P 500 fell 2.1 percent.
The Dow Jones declined 1.8 percent.
Howard Lutnick (Trump's commerce secretary) suggested that tariffs are a tool for initiating diplomatic discussions.
Trump threatened 200% tariffs on French wines, prompting global trade tensions.

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Silver Surge Continues

Silver surged in 2025, rising from about $30 to over $90 per ounce.
As of January 2026, silver trades near $95, driven by strong industrial demand from solar and electric vehicle sectors.
Ongoing supply deficits and strong demand position silver favorably against gold.
If Federal Reserve rate hikes occur, silver could be more negatively affected than gold due to its industrial uses, underscoring investment volatility.

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