---
title: "Copper Climbs to 16-Month High as Silver Hits Decades-Long Peak"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-10-09T15:44:34+00:00"
modified: "2025-10-09T15:44:34+00:00"
date: 2025-10-09
canonical: "https://www.share-talk.com/copper-climbs-to-16-month-high-as-silver-hits-decades-long-peak/"
category: "Blogs"
categories: ["Blogs", "Mining"]
tags: ["COPPER", "Indonesia", "Nelson Bunker Hunt", "Renewable energy", "silver", "William Herbert Hunt"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/copper-and-silver-scaled.webp?fit=1200%2C800&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# Copper Climbs to 16-Month High as Silver Hits Decades-Long Peak

**Published:** October 9, 2025
**Author:** sharetalk
**Categories:** Blogs, Mining
**Tags:** COPPER, Indonesia, Nelson Bunker Hunt, Renewable energy, silver, William Herbert Hunt
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/copper-and-silver-scaled.webp?fit=1200%2C800&quality=80&ssl=1)

---

**Copper Hits 16-Month High as Supply Fears Grow; Silver Tops $50 for First Time in 40 Years**

**Copper** prices surged to a **16-month high** on Thursday amid deepening concerns over global supply shortages of the metal, which is vital to construction, manufacturing, and renewable energy industries.

**Benchmark three-month copper** on the **London Metal Exchange** jumped **3.1%** to **$11,000 per metric ton**, nearing its **record high of $11,104.50** set in **May 2024**. The rally follows a series of mine disruptions, including **Freeport-McMoRan’s** declaration of **force majeure** last month at its **Grasberg mine in Indonesia**, after a blockage of wet material cut off access to underground sections and restricted evacuation routes for workers.

Meanwhile, **silver** prices have hit their **highest level in more than four decades** as investors continue to pour money into precious metals. **Spot silver** climbed **above $50 per ounce** for the first time since **1980**, when the infamous **Hunt brothers** attempted to corner the silver market.

In that episode, **Nelson Bunker Hunt** and **William Herbert Hunt** inflated prices by over **700%**, hoarding physical silver and buying futures contracts with borrowed funds. Their speculative empire collapsed when regulators tightened lending rules, triggering a spectacular crash in silver prices — a cautionary tale now resurfacing as the metal once again captures global attention.

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