Silver Update: US Commits To $7.4 Billion Metal Refinery

January 6, 2026

The gold and silver prices are soaring again to start the first full week of 2026, and in the midst of the rally, Donald Trump and the U.S. just committed $7.4 billion to build a critical minerals refinery in Tennessee.

It's the latest indication that the government realizes that it has work to do in securing our metals infrastructure, especially here in the U.S., where there are only two LBMA-approved refineries that process silver, and one of them is currently not taking any new silver.

So, to find out more about this latest development, and the pricing in the precious metals world, click to watch this video now!

Arcadia Economics

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