Ryan Stancil,
Editor
April 28, 2025
Commodity Callout
Gold is finding its groove again, knocking on the door of $3,500 per ounce. Given the circumstances surrounding its recent price rise, it’s only a matter of time before it moves beyond that and where that price becomes a distant memory. This is the kind of bull market that can make lasting fortunes for investors who get in on the right plays. You can learn more about how this gold bull run is likely to continue playing out and what names you should be investing in by watching a free webinar that has all of the details. It will be live this Wednesday, April 30th at 4PM Eastern. Click here for details.
Metal Price Update
Gold — Gold briefly touched $3,500 last week and kept its range between that and $3,300 per ounce. The volatility is helping, and soon traders will be wishing it was still this cheap.
Silver — Silver tested breaking out, having moved well above the $32.80-per-ounce price it started the week at to end around $33.30 per ounce. If it breaks above that and manages to reach and hold over $35, it will see the same kind of runaway success as gold and make for a strong cornerstone investment.
Copper — Copper’s current floor looks to be $4 per pound. Last week, it held in the $4.74 to $4.91 range, so retaking $5/lb could happen sooner rather than later. Fundamentals will push it there and beyond before we know it.
Lithium Carbonate — Lithium saw its price slide after a recent trend of holding within a certain range. Last week, it started around $9,700 per ton and ended the week around $9,570 per ton. Investors are seeing better places to park their money, which likely means more downward pressure on lithium prices.
Uranium — Uranium traded between $65 and $66 per pound last week on the back of miners posting big gains over the same time period. This could be a sign that uranium’s recovery is in full swing and that the gains we’ve been awaiting are finally coming.
Company Callout
One company to watch is MineHub Technologies (TSX-V: MHUB)(OTC: MHUBF), a company that offers digital supply chain management in a way that brings the mining industry into the 21st century. It does this through a digital platform, built on the blockchain, that automates parts of the process and allows mining companies to monitor their supply chains in real time. The platform also keeps track of important metrics like emissions and sources of minerals to comply with ESG regulations.
The company’s value is that its platform is essentially the only one of its kind, which is why its customer base has been steadily growing since inception. The company will soon reach profitability and at the moment is a strong value for investors wanting to get in on the ground floor.
You can read more about it in Nick’s latest issue of Hodge Family Office by clicking here.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest