Ryan Stancil,
Editor
May 25, 2026
Commodity Callout
It was a week of back-and-forth for many commodities, but copper in particular is one to watch because of supply risks that are quietly pushing prices higher.
Metal Price Update
Gold — It was an up-and-down week for gold. The yellow metal started around $4550 per ounce, dropped to around $4450 and began a recovery that ultimately saw its price end around $4521 on, you guessed it, more news of advancing peace talks.
Silver — Silver moved in a similar pattern, starting around $76.60 per ounce, falling to $73.70 and recovering to $76.40 for the same reasons as gold. Now it will be a matter of whether de-escalation actually sticks this time.
Copper — Copper started around $6.30 per pound, dropped to around $6.16, and then moved back up to around $6.40. Supply risks are continuing to push the price higher, making now the time to buy.
Lithium Carbonate — Lithium also saw a pullback in its value, starting the week around $28,200 per metric ton and ending around $26,700. Its rally has stalled for now, but this could be an opportunity to add before demand fundamentals kick back in.
Uranium — Uranium saw a downward trend over the week, starting around $86.20 per pound and dropping to $84.50. It may be overlooked right now, which is a prime opportunity for buyers to stockpile before the attention comes back.
Company Callout
Two names to keep an eye on are Daura Gold Corp. (TSX-V: DGC)(OTCQB: DGCOF) / Latin Metals Inc. (TSX-V: LMS)(OTCQB: LMSQF). Due to an agreement made last year, Daura has been granted a majority stake in two precious metals projects in Santa Cruz, Argentina and recent news from one of those projects shows that there is a bright future ahead.
Assays from the Cerro Bayo project were recently released, and they were strong results you want to see from a first-pass drill program. Multiple targets turned up multiple hits of gold and silver and what was recovered showed that Daura has drilled into a real low-sulphidation epithermal system.
It’s enough to justify further drilling, as it’s proof that there is more to be uncovered and that the resource will be very high grade. The evidence also suggests the resource is spread out as part of a larger whole. Planning is already in the works for more drilling as well as testing of new targets and company management is convinced that there is a discovery waiting to be found.
Meanwhile, other parts of Daura’s operations are undergoing permitting and community access work, and the recent results bring legitimacy to Latin Metals’ prospect generator business model. All of this presents a strong case for why these names belong in a resource portfolio.
If you want to learn more about the companies and their operations, you can find information in the latest issue of Underground Alpha by clicking here.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest