Silver, Copper Hit Records Amid Trading Turmoil

Silver and copper prices reached new highs on Friday.

Silver went up to $56.775 per ounce, and copper hit $11,210.50 per ton.

This happened because of problems with trading, low supply, and hopes that the Federal Reserve might cut interest rates.

Gold and platinum also went up.

Silver has increased a lot this year, over 95%, because people are buying it instead of government bonds.

Copper is also going up because there isn't enough of it, and people are worried about possible tariffs.

Traders are sending more copper to the US, which is making the situation tighter in other parts of the world.

The CME Group had a 10-hour glitch, which some people think was to help a trader who had to deliver a lot of silver.

Physical silver trading continued even during the glitch, and the situation will become clearer by December 31, 2025.