Ryan Stancil,
Editor
March 9, 2026
Commodity Callout
Gold experienced a lot of up-and-down movement thanks to the ongoing war in the Middle East and recently released economic news. This is likely to be the trend for some time, making it an ideal time to stock up on gold investments.
Metal Price Update
Gold — After an initial bump following the outbreak of war in Iran, gold fell, but then economic news came out regarding jobs and it climbed again. At its lowest it was at $5057 per ounce and it ended the week around $5160. Despite the lows, it’s still in a bull market, and this late bump shows how one piece of news can make the value climb.
Silver — Silver followed a similar trend, going as low as $78 per ounce and ending around $84. This is another example of how when buying opportunities present themselves, they may not last long.
Copper — Inventory stockpiles are keeping copper prices rangebound. Prices started just under $6 per pound this past week and ended around $5.85. It is still very much a buy and this is the time to add to the portfolio.
Lithium Carbonate — Lithium saw a price drop over the week, starting at just above $25,000 per metric ton and ending at $22,400. The shadow being cast by the Iran war, along with the ongoing export ban from Zimbabwe, are going to weigh on prices for a while.
Uranium — Uranium prices fell to around $86 early in the week and stayed around there for the entire week, showing that stockpiling continues to weigh on prices. This is likely to be a sustained trend, which is good for those who want to continue adding. Because of clean energy demand, it won’t always stay there.
Company Callout
To take advantage of commodity prices and the potential many of them still hold, one name to consider for your portfolio is Kingsmen Resources (TSX-V: KNG)(OTC: KNGRF).
Its Las Coloradas project contains silver, gold, lead, zinc, and copper, so its investors are able to benefit from the commodity bull market in several different ways. It has two districts that are about to be drilled and at current prices, the company is a buying opportunity. Reactionary investors have been panicking and pulling capital out of investments in Mexico because of recent outbreaks of violence, but Kingsmen’s properties are located far from where any of that volatility has been happening.
That leaves savvy investors the chance to buy it up at a discounted price before other investors get wise and the company’s price climbs. As it stands now, the company’s current price is creeping up on the suggested buy limit. If you want to learn more, including details about the company’s assets and the buying strategy, click here to access the pages of Junior Resource Speculator where Gerardo Del Real covers everything you need to know.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest