Ryan Stancil,
Editor
Oct. 26, 2026
Commodity Callout
Uranium managed to hold strong in what was a very turbulent week for commodities.
Metal Price Update
Gold — Gold experienced a selloff over the course of the week as tensions in Iran pushed oil prices higher. Gold started the week around $4155 per ounce and dropped to just above its support level of $4000. Now the test is whether it will hold that level or fall below it.
Silver — Silver was affected in much the same way, starting around $57 per ounce and dropping to just below $54, so the market will be watching to see just how low it could potentially go.
Copper — Copper continued showing resilience, with its losses not being nearly as severe as gold and silver’s. Copper started the week around $6.58 per pound and ended at just $6.51. Demand isn’t going anywhere and traders can rest assured that they will have something that will continue to perform well.
Lithium Carbonate — More trouble for lithium, as it slid from $15,400 per metric ton to around $14,500. A widespread commodity bear market seems to be worsening lithium’s woes for the time being.
Uranium — Uranium remained right where it was, which could be viewed as a win in this current commodity environment. The price stayed around $90.10 per pound, showing that demand is still strong even in a volatile environment.
Company Callout
One name to keep in mind for your portfolio is Kutcho Copper (TSX-V: KC)(OTC: KCCFF), especially with copper near record highs and showing resilience at a time when other commodities are facing increased volatility.
In the past month, the stock’s value has climbed, and management recently announced that Kutcho was included in Canada’s Critical Minerals Project Showcase publication. This will put it in front of potential investors, partners, customers, and others who can help the company grow. This is perfect timing, as there is a belief that the company may be looking to merge in the near future.
With copper performing as it has been, this is exactly the kind of company that should be part of any resource portfolio. If you want to learn more about it, Gerardo talks about it in the pages of Junior Resource Speculator, which you can access by clicking here.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest