Silver rate today, Jan. 20 -- The COMEX silver rate today surged to a new record high, as President Donald Trump's bid to take control of Greenland stoked concerns over a potential US-Europe trade conflict, unsettling markets.

Silver briefly climbed to an all-time high of $94.740 an ounce on Tuesday, in the international market. Meanwhile, gold prices also traded near an all-time high, at $4,670.

Meanwhile, back home, MCX silver prices surged to a new record of Rs.3.19 lakh on Tuesday, January 20.

Prices of both the precious metals later eased slightly after a sharp rally in the previous session, which followed Trump's announcement of planned tariffs on eight European countries opposing his Greenland move.

The US's confrontational sta...