Ryan Stancil,
Editor
July 27, 2026
Commodity Callout
Uranium continues to show forward momentum when nothing else does.
Metal Price Update
Gold — It looked like it was going to be a strong week of recovery for gold, but then violence started anew in Iran and the price dropped. The price started just over $4000 per ounce, managed to climb to $4160 before falling. It regained some ground to end around $4055. This kind of volatility can be expected to continue as long as uncertainty over the war continues to loom.
Silver — Silver was in the same position as gold, starting around $56.60 per ounce, reaching just over $61 and then falling and recovering at around $58.50. Investors should continue to add on pullbacks as the fundamentals remain strong.
Copper — Copper made gains, starting around $6.30 per pound, that reached as high as $6.50 before prices fell and those gains were all given back for the price to end the week right where it began. No commodity was safe from worries over escalating conflict, but this continues to present buying opportunities for smart investors.
Lithium Carbonate — Lithium continued to fall, starting the week around $22,400 per metric ton and ending around $21,400. This is continued bearish pressure from mines restarting, thus potentially bringing more supply back to market. This trend is likely to continue for the foreseeable future, so this continues to be an opportunity to stockpile shares of your chosen mining company.
Uranium — Uranium seems like the one commodity that continues to defy the trends. It moved up again over the course of the week, starting around $85.50 per pound and ending around $86.05. Even with other commodities hurting, the market isn’t ignoring uranium’s value in the changing energy landscape.
Company Callout
GreenLight Metals (TSX-V: GRL)(OTC: GRLMF) is a name to consider for your portfolio as it advances its flagship Bend copper-gold exploration project in northern Wisconsin’s Penokean Volcanic Belt. At first glance, you might not think that would be the case because of the decline in share value over the last few months. Savvy investors who pay close attention know that that’s exactly when you should be adding it to your portfolio.
A large part of the recent pullback came from the breakup of a fund that had to sell around 3 million shares.
In short order, the stock rebounded when it was revealed that the Bend project had been posted to the U.S. Federal Permitting Dashboard as a FAST-41 Transparency Project. This is a designation that has helped other projects get fast-tracked permitting in the past. It’s not a guarantee that permitting will happen, but it does inspire confidence that things will continue to move in the right direction.
That’s especially good news given that GRL has had a string of recent positive exploration results that show why buying discounted shares is a smart move for anyone who wants to get in on the longer-term copper-gold bull market.
We’ve shown repeatedly that copper demand is something that is only going to climb in the near future even if it has been trading in a tight range in recent months. Buying into a company like GreenLight now sets you up to take advantage when copper prices begin to take off as the market comes around on the metal’s value.
If you want to learn more about the company, its management, and the potential copper-gold resource it sits on, you can learn more in the pages of Junior Resource Speculator by clicking here.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest