Ryan Stancil,
Editor
March 31, 2025
Commodity Callout
Silver had a standout week last week, moving above $35 an ounce. To many, silver is often an afterthought yet something savvy investors can capitalize on if they get in on the right investment. You can learn about the perfect silver investment for pocketing this kind of profit potential by clicking here.
Metal Price Update
Gold — Gold continued its upward trek last week, ranging between $3,040 and $3,080 per ounce. The chaos and volatility of the trade war is only starting to make itself known, so gold could be aiming for the next upward milestone sooner rather than later.
Silver — Silver was in a similar position. It started the week around $33.40 per ounce and at one point moved above $35 an ounce. Demand is going to remain stable and volatility will continue, so silver’s price has a strong chance of moving well beyond that recent highpoint.
Copper — Copper futures maintained a price above $5 per pound over the course of last week. It hovered between $5.08 and $5.30 on the back of increasing demand and supply being stockpiled under the threat of new tariffs. Those two catalysts explain why the price is likely to continue to climb.
Lithium Carbonate — While lithium prices are still depressed, they held in a steady range last week between $10,215 and $10,225 per ton. The market simply has better places to put money, so no one is paying much attention to lithium.
Uranium — Uranium prices cooled somewhat last week, starting the week at $64.50 per pound (down from $65 the previous week) and largely staying around that price. It could be that investors are parking money elsewhere as explained above. Yet, the fact that the price is holding stable is a good sign.
Company Callout
Hannan Metals (TSX-V: HAN)(OTC: HANNF) continues to be one to watch because it keeps putting out positive news that shows why it’s becoming a cornerstone of investment portfolios everywhere. Just recently, the company identified a significant copper porphyry target on one of its properties in Peru. The zone in question measures 750 meters long by up to 192 meters wide, which is fantastic news that comes at a time when copper is in a clear bull market with room to run much, much higher.
Gerardo recently conducted an in-depth interview on the discovery with CEO Michael Hudson that you can read by clicking here.
You can learn more about the company and its two co-flagship copper-gold properties by clicking here and reading the report.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest