Ryan Stancil,
Editor
July 7, 2025
Commodity Callout
It looks like lithium might finally be waking up. This is something that’s been a long time coming, and investors who held their positions couldn’t be happier.
Metal Price Update
Gold — Gold saw its price move back and forth last week, keeping within a certain range. It started around $3316 per ounce and ended around $3346 with a high of around $3370 at one point. Trump is renewing his focus on tariffs, so that may lead to gold regaining some of its recently lost ground.
Silver — Silver climbed steadily last week, starting around $36.30 per ounce and ending around $37.14. The renewed tariff threats could end up proving to be a boon for anyone who has silver in their portfolios.
Copper — Copper prices pulled back slightly last week from recent highs. After reaching a high of around $5.12 per pound, the metal fell to around $5.02 to end the week. Some of this could have been profit taking and some of it may have been the result of a reported rise in copper output from China. Still, copper is definitely one to watch, especially if it maintains its current price threshold above $5.
Lithium Carbonate — The lithium bull might truly be here. It started the week around $8555 per ton and ended around $8697. Anyone who had been holding lithium all this time might be feeling vindicated as this upward trend may finally start bringing in some money. These would be the kind of fortune-making waves that all investors hope to catch on the way back to record highs.
Uranium — Uranium’s recent momentum halted too, but the price is still high. It started around $78.50 per pound and ended the week around $77.44. So the pullback wasn’t substantial and the fundamentals in place are strong enough that it could be back to its starting point and even higher before long.
Company Callout
In light of the lithium market beginning to heat up, one company you will want to keep an eye on is Critical Elements Lithium (TSX-V: CRE)(OTC: CRECF). This miner just re-purchased a 49% interest in the Bourier property from a joint venture partner, giving it 100% ownership in the property. The company now has full control over exploration claims in an area already known to produce lithium… and just in time for the metal’s reawakening and potential reintroduction into many portfolios.
As it stands, shares can be had for under 50-cents Canadian. Yet, it’s anyone’s guess as to how long that could last as lithium prices tick back up.
You can learn more about the company in the pages of Hodge Family Office by clicking here. It could be one of the best ways to buy into the lithium market as it heats up.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest