Metals Monday: An Eye on Uranium

Commodity Callout

2025 is shaping up to be the Year of Uranium. More than maybe any other commodity out there, this yellow metal has the fundamentals behind it to take off and go far above and beyond its current price range. Two things are behind that - the global switch to clean energy and the increasing pace behind AI adoption across the tech sector. Both of these things have nuclear power at their core, which means companies and nations want to build more power plants. Technology to build new, smaller reactors makes that reality much more likely. And those reactors need uranium to power them. So this is one metal that’s about to have a banner year and make investors very rich. Click here to learn about one way to take advantage of that.

Metal Price Update

Gold — Gold had a good week, with its range moving from around $2707 per ounce to $2770. One of the biggest factors at play is the general air of uncertainty surrounding tariffs and general economic policy with the new presidential administration. So traders are moving into gold as a haven investment.

Silver — Silver continues moving in tandem with gold, seeing a range of $30.25-$30.68 in the last week. Its reasons for moving up are much the same as gold’s.

Copper — Last week saw copper holding in a range between $4.31-$4.36 per pound. A lot of this price action can be attributed to traders pricing in the potential effect of tariffs. Policy clarification on those is still forthcoming.

Lithium Carbonate — Last week saw it up slightly from $10,622-$10,688 per metric ton. The market is still grappling with oversupply and will have to wait for the rebound, which is coming, based on the fundamentals.

Uranium — Uranium has been holding at around $73 per pound. It could see a boost from the recently announced Stargate project as well as other data center-focused endeavors as discussed above. This on top of the ongoing clean energy rollout.

Company Callout

Gerardo recently returned from the Vancouver Resource Investment Conference where he spoke with a number of portfolio companies. The road ahead looks promising for many of them, but as Gerardo recently told his readers in his most recent Speculator Session, Kingsmen Resources (TSX-V: KNG)(OTC: KNGRF) is going to be one of the main ones to watch. In short, it’s a silver/gold play that checks all of the boxes he’s looking for in order to be confident that the company is going to go much higher than current levels. Both the resources the company owns and the fundamentals behind the underlying metals cement it as one of his core positions.

You can check out a recent interview Gerardo had with CEO Scott Emerson by clicking here.

Keep your eyes open,

Ryan Stancil

Ryan Stancil
Editor, Resource Stock Digest