---
title: "Silver surged to a record high of $53.60 per ounce on Tuesday"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-10-14T10:07:45+00:00"
modified: "2026-06-21T23:42:13+00:00"
date: 2025-10-14
canonical: "https://www.share-talk.com/silver-surged-to-a-record-high-of-53-60-per-ounce-on-tuesday/"
category: "Blogs"
categories: ["Blogs", "Mining"]
tags: ["AIM", "Alien Metals", "ASX", "Blue Moon", "canada", "Creswick", "drill targets", "ECR", "ECR Minerals", "Elizabeth Hill", "ETFs", "FCM", "First Class Metals", "FMET", "Fulcrum Metals", "GGP", "Gold", "Greatland", "Greatland Resources", "Havieron", "mining stocks", "Newmont", "North Hemlo", "Ontario", "Schreiber-Hemlo", "silver", "Small Cap", "Sunbeam", "Telfer", "UFO", "Western Australia", "Wishbone Gold", "WSBN"]
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language: "en-GB"
---

# Silver surged to a record high of $53.60 per ounce on Tuesday

**Published:** October 14, 2025
**Author:** sharetalk
**Categories:** Blogs, Mining
**Tags:** AIM, Alien Metals, ASX, Blue Moon, canada, Creswick, drill targets, ECR, ECR Minerals, Elizabeth Hill, ETFs, FCM, First Class Metals, FMET, Fulcrum Metals, GGP, Gold, Greatland, Greatland Resources, Havieron, mining stocks, Newmont, North Hemlo, Ontario, Schreiber-Hemlo, silver, Small Cap, Sunbeam, Telfer, UFO, Western Australia, Wishbone Gold, WSBN
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---

**Silver Soars to Record $53 as London Squeeze Echoes 1980 Hunt Brothers Mania**

[Silver surged](https://www.share-talk.com/silver-surges-to-highest-level-in-decades-amid-escalating-us-china-trade-tensions/) to a **record high above $53 an ounce** on Tuesday as a powerful short squeeze sent traders scrambling for physical supply in London, reviving memories of the **Hunt brothers’ 1980 cornering of the market**.

The rally has forced investors who bet on falling prices to **buy back metal to limit losses**, driving prices even higher. The **London Bullion Market Association (LBMA)** said it was “aware of tightness in the silver market and is actively monitoring the situation.”

[!\[\](https://www.share-talk.com/wp-content/uploads/2025/10/AU_AG_2-300x169.webp)](https://www.share-talk.com/gold-and-silvers-record-run-what-it-means-for-investors-in-2025/)

[Gold and Silver’s Record Run: What It Means for Investors in 2025](https://www.share-talk.com/gold-and-silvers-record-run-what-it-means-for-investors-in-2025/)

A **severe supply shortage in the UK** has led some traders to **rent silver at interest rates approaching 35%**, while others have begun **flying metal from New York to London** to cover positions. **Goldman Sachs** data show borrowing costs have soared from around 5% earlier this month.

Silver has now **risen more than 75% so far in 2025**, far outpacing gold’s 55% climb, as investors flock to safe-haven assets amid **US-China trade tensions**, fears of a **stock market bubble**, and expectations of **US interest rate cuts**.

**Ole Hansen** of **Saxo Bank** said: “A liquidity squeeze, which we expect to be temporary, amplified the recent silver rally.” London’s inventories have fallen to **22,000 tonnes**, down from more than **35,000 in 2022**.

The chaos echoes the **Hunt brothers’ attempt to corner the market** in the late 1970s, when speculative buying pushed silver to $50 before collapsing on “**Silver Thursday**” after trading limits were imposed.

**Adrian Ash**, of **BullionVault**, warned: “With the volatility of price action we’re seeing, we’ve got to expect some kind of correction sooner rather than later. We’re advising clients to tread carefully.”

---

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