Ryan Stancil,
Editor
Sept. 21, 2026
Commodity Callout
Gold stumbled then climbed following rate hike news as more traders began to recognize the bull market.
Metal Price Update
Gold — Bond yields easing was good news for gold, especially in the wake of rate hikes. It started the week around $4330 per ounce, dropped to $4270 and then rose and ended the week around $4415. More traders are seeing the bull market unfold and buying in while they can.
Silver — Silver moved along a similar path, starting around $64.20 per ounce, dropping to $63 and then getting a bump to end just shy of $67. As gold’s bull market gains momentum, traders will inevitably gravitate towards silver to add to their portfolios as well.
Copper — Copper’s fortunes turned around, starting around $6.48 per pound and ending the week around $6.72. Supply is tightening at the same time that demand is climbing, and more traders are waking up to that fact.
Lithium Carbonate — Lithium continued to decline in price, starting around $20,700 per metric ton and dropping to $19,700 before recovering slightly to around $20,000. The lithium market is still digesting the bearish conditions from the previous week, so the depressed prices could remain for some time.
Uranium — Uranium saw its price drop slightly, starting around $90 per pound and ending around $89.70. The drop is largely negligible, especially considering how far along uranium has come so far this year. Traders should continue adding it to their portfolios.
Company Callout
One name to consider for your portfolio if you want to add copper is Apogee Minerals (TSX-V: APMI).
Apogee recently completed its option transaction with Trident Resources for the Knife Lake copper project in Saskatchewan. At the project, there are 54 claims totaling around 35,255 hectares.
Past work estimated millions of indicated and inferred tonnes but the necessary verification work needs to be completed. Management is working on that, along with conducting additional drilling and looking toward acquiring other projects.
At present, the company has a C$10 million market cap and currently can only be bought on the TSX-V. Management is making a US listing a priority and working on delivering other catalysts before thinking about consolidating shares. But its small market cap, experienced leadership and the advanced-stage nature of the project are some of the big reasons why Gerardo made it part of his Junior Resource Speculator portfolio last week.
If you want to learn more about the company, you can do that by clicking here.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest