[Live] Updates for Jan 27, 2026

President Donald Trump has warned that the United States could raise tariffs on South Korean goods to as much as 25%. He cited frustration over South Korea’s slow implementation of last year’s trade agreement. The warning signals rising trade tensions between Washington and Seoul, raising concerns for exporters and global markets. If carried out, the move could impact key industries and strain economic ties between the two allies.

Silver prices saw sharp moves today as global tensions rattled markets. Spot silver surged to a record high of $115 per ounce before slipping to $109 amid heavy volatility. Concerns over possible US tariffs on Canada and South Korea, a potential US government shutdown, and a weaker dollar drove buying interest. In India, silver prices climbed to ₹3,59,950 per kg. The sharp movement has also impacted silver ETFs.

Bitcoin has liquidated a large number of long positions opened over the past 30 days, signaling heavy bullish positioning in the market. This shows most traders were expecting prices to move higher. However, history suggests markets often move against the crowd. Large players and exchanges tend to target these crowded trades, triggering liquidations and catching unprepared traders off guard, leading to sharp and sudden price moves.

India and the European Union have officially announced a long-awaited Free Trade Agreement after 20 years of talks. The deal will impact nearly 33% of global trade, with tariffs removed or reduced on 97% of goods. It is expected to boost Indian exports, manufacturing, jobs, and foreign investment. The EU will also provide a €500 million fund to support India’s green industrial growth, strengthening India’s role in global supply chains.

Silver prices jumped more than $11 an ounce, climbing above $114 in a sharp rally that signals a major market shift. The single-day gain alone is more than double the price of silver when long-term investors first began accumulating the metal years ago. Analysts say this surge is not a speculative bubble but a long-overdue repricing of silver, which has remained undervalued for years amid rising inflation concerns and growing demand for hard assets.