Ryan Stancil,
Editor
June 22, 2026
Commodity Callout
Most commodities fell over the course of the week, but uranium saw its value climb.
Metal Price Update
Gold — A hawkish Fed and a stronger dollar weakened gold, taking it from around $4340 per ounce to around $4172. Some investors worry it might be losing its luster, but the bull market still has legs and this is just another chance to buy at a discount.
Silver — Silver fell for the same reasons as gold, going from around $70 per ounce to around $65. Investors should continue adding at current prices.
Copper — Copper also fell, starting around $6.50 per pound and dropping to $6.35. Despite price downturns, copper continues to prove to be a smart investment because of its resilience as well as future demand.'
Lithium Carbonate — Lithium prices fell, starting around $25,200 per metric ton and dropping to $24,700. This wiped out gains from the previous week and brought lithium back to its previous floor. It remains in a long-term bull market and investors should continue stocking up on the right investment plays.
Uranium — Uranium prices went up, starting around $85.30 and ending at $86.10 per pound. The fundamentals behind the long-term bull market are still in play, and uranium continues to show why it deserves investor attention.
Company Callout
One name to continue adding to your portfolio is Hannan Metals (TSX-V: HAN)(OTC: HANNF), an explorer that is advancing gold and copper projects in Peru and Sweden.
Just recently, the company announced that it has secured options for three high-grade gold projects in Sweden and that drilling at one would commence before the end of the month. The three projects collectively cover 8,405 hectares, and having a drill-ready project will allow the company to continue advancing its portfolio while its projects in Peru move through the permitting process.
As it stands, those projects in Peru will not see drills turning until sometime in 2027, but the news of the optioning in Sweden caused the company’s stock to rise 35%, showing that the market is paying attention.
Even with that rise, Gerardo thinks that Hannan is a bargain at current prices and belongs in any serious investor’s portfolio because of the potential of the Previsto project in Peru.
He talks about it in-depth in the latest episode of Investing in Bizarro World Live, which you can listen to by clicking here.
If you want to learn more about Hannan Metals, its projects, and its prospects, you can find all of that information in the pages of Junior Resource Monthly by clicking here.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest