Ryan Stancil,
Editor
Jan. 5, 2026
Commodity Callout
Some commodities saw pullbacks in their price. This opens up big buying opportunities that may not last long, especially with silver.
Metal Price Update
Gold — Gold experienced a pullback from its recent highs. It spent the week firmly in the upper $4300-per-ounce range after having previously been above $4500. That pullback could have been profit taking, but the fundamentals for gold to move back to those previous highs are still in place, especially because of new geopolitical turmoil.
Silver — Silver saw the same trend in movement as gold, having spent the week between $71.60 per ounce and $72.60 after having touched nearly $80. Again, more profit taking with fundamentals in place to move prices back higher.
Copper — Copper remained stable, price-wise. It largely stayed in the $5.60-$5.70-per-pound range. It doesn’t seem to be as subjected to the whims of traders as gold and silver in times like this because it lacks a history as a store of value. But its price will continue its slow upward climb over the next few quarters.
Lithium Carbonate — Lithium keeps climbing while everything else is either consolidating or holding steady. Last week saw it reach just under $17,000 per metric ton, up from the previous week’s range that ended just under $16,000. So it’s moving fast. More people are paying attention to it because its fundamentals are becoming more apparent to more traders.
Uranium — Uranium remained in its range of around $81.6 per pound over the last week, showing that it’s a reliable investment just as more people are waking up to its necessity. Its price stability is a strong opportunity to add more to your portfolio.
Company Callout
With silver having pulled back in price, creating a buying opportunity, one name to look at in the space is Vizsla Silver (NYSE: VZLA)(TSX: VZLA). This company completely owns the district-scale Panuco project in the emerging Western Mexico Silver Belt. The area already has existing infrastructure, such as water and power and the company is well funded with $94 million in cash for operations.
The company recently announced the acquisition of 2,378 hectares of highly prospective ground to expand its project, with some of those claims covering known mineralized structures.
With this extended control, the company is positioned to begin production and is targeting production for some time in 2027. With silver prices being on a recent tear, the market has seen the potential heights it can reach. The recent pullback allows curious investors to buy in at a discount for when prices begin to climb again.
You can learn more about Vizsla Silver’s operations in the pages of Underground Alpha by clicking here.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest