Silver ETFs soar up to 7% to record highs as precious metal's March futures cross ₹3.18 lakhs/kg

Silver ETFs have once again recorded a rise, with a lifetime high on January 20, 2026 trade session. Reportedly, the silver futures of march have increased by 3% recording a price of ₹3,18,729 per kilogram. Moreover, the Silver Futures of May and July also surged to ₹ 3,28,854 per kilogram and ₹ 3,35,885 per kilogram each. This rise was more than 3%. The surged ETFs show the growing price of Silver due to the geopolitical tension between the U.S. and EU. Donald Trump has been threatening the EUs about increasing tariffs until U.S. occupies the Greenland. 
Surge in Silver EFTs

Groww Silver ETF has increased by 7% to record a price of ₹308.37 per stock, which is a fresh high in 52 weeks. Tata Silver ETF, Motilal Oswal Silver ETF, Aditya Birla Silver ETF, Edelweiss Silver ETF and Mirae Asset Silver ETF have also surged by 5%

Other silver ETFs like ICICI Pru Silver ETF, Nippon Silver ETF (Silverbees) and SBI Silver ETF have also shown a rise of around 4%. While UTI Silver ETF, DSP Silver ETF, Axis Silver ETF, HDFC Silver ETF, Zerodha Silver ETF and Kotak Silver ETF recorded a high of more than 4%. 

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Geopolitical Tensions Increasing Silver ETFs

The Geopolitical tension between the U.S. and the EU countries is being cited as the major reason behind the surge in silver ETF, according to a Money Control report. The U.S. is aiming to acquire Greenland, whilst increasing the tariff on the trading countries. Recently, Donald Trump has imposed a 10% tariff on import trades of eight countries of the EU, which will be in effect from February 1, 2026. He has warned to increase the tariff to 25% by June until the annexure of Greenland. 

Trump might use military force to impose the tariff threads, as per the reports. Many EU countries have refused to abide by the demands. To resist, they have also warned of retaliative moves in the global economy. 

Tim Waterer, KCM Trade's chief ‍market analyst, told Reuters, “Trump's 'disruptive' policy approach to international affairs and desire to see lower interest rates suit precious metals very well, ⁠as reflected by gold and silver's rampant run.”

Conclusion 

The Silver ETFs have recorded a new high on January 20, 2026. The silver futures of March rose by 3% and of May and July increased by more than 3%. This reflects the growing prices of silver due to the geopolitical tension between the U.S. and EU. Donald Trump has imposed a 10% tariff on imports from eight countries, which will increase to 25% in June. The U.S might take military actions to impose tariff threats until it acquires Greenland. However, many countries of the EU have warned of retaliation through economic measures to resist the threats.