Silver rate today, Jan. 20 -- Silver prices on the Multi-Commodity Exchange (MCX) rose nearly 2.5% to a fresh record high as the bull run in the white metal showed no signs of abating.

MCX silver rate opened slightly lower at Rs.3,06,499 per kg, down from the previous close of Rs.3,10,275 per kg. However, the white metal soon pared losses and jumped to a new high of Rs.3,20, 979 per kg.

Meanwhile, on the international front, Comex silver touched a record high of $94.740 per ounce.

Silver prices rose due to increased safe-haven demand and a weaker US dollar, following Trump's intensified efforts to claim Greenland from fellow NATO ally Denmark, which led the European Union to consider retaliatory measures.

According to a Bloomberg repo...