Ryan Stancil,
Editor
June 9, 2025
Commodity Callout
Silver was the breakout star, seeing its price surge while gold’s fell a bit. Usually, whichever way gold goes, so too does silver, so this was a surprising development for investors. It will be interesting to see if this becomes a trend or if it ends up being an anomaly. Either way, silver continues to be something that should be part of any portfolio given all of the catalysts in place to push it ahead even further.
Metal Price Update
Gold — Gold ended last week down from where it started. It started at around $3414 per ounce and ended around $3333. The jobs data likely had something to do with the downtrend as investors were breathing more easily about the immediate economic picture. Still, the catalysts point to a strong future ahead for gold.
Silver — While gold was down, silver surged. It started the week around $34.19 per ounce and ended just above $36. There doesn’t seem to be a singular event that caused the breakout but this had been boiling for some time. If it keeps up this momentum, this could be just the beginning.
Copper — Copper largely ended the week where it started in the $4.84 per pound range. At one point, the price moved above $5 but the pullback came, leaving anyone who didn’t take profits quickly enough right where they started the week. It’s still a good price to get in on something poised to climb in the near future.
Lithium Carbonate — More bad news for lithium as its price continued to fall, though not as much as it has in the past few weeks. It started last week around $8389 per ton and ended around $8381. It didn’t fall as much as some commodities but lithium is likely not to recover in the same fashion as others will either. Time will tell when its recovery begins.
Uranium — Surprisingly, uranium prices pulled back somewhat. They started at $71.90 per pound and ended the week at around $70.50. Even with recent executive orders that gave a big boost to the domestic uranium industry, prices still pulled back. That’s not likely to be a sustained trend, however, since the story of uranium’s importance is getting out there. You’ll want to watch a brand-new video from Gerardo that explains the “Nuclear Melt-Up” and how investors are getting rich from this ongoing uranium bull market by investing in three specific companies. You can do that by clicking here.
Company Callout
Kingsmen Resources (TSX-V: KNG)(OTC: KNGRF) is one company you are going to want to keep an eye on. The company is going to begin drilling at its district-scale Las Coloradas silver-gold project where multiple kilometers of strike are currently known to exist. The team is targeting at least 200 million silver equivalent ounces, and with the way silver’s price has been going lately, Kingsmen is poised to be a very profitable part of any portfolio that it’s in.
With the metals market continuing to rise, this company, and many others are increasingly important parts of the portfolios that hold them. Gerardo Del Real has more on this company and many others in the same boat in the pages of Junior Resource Speculator. You can read all about it by clicking here.
Keep coming back,
Ryan Stancil
Editor, Resource Stock Digest