Ryan Stancil,
Editor
April 27, 2026
Commodity Callout
Lithium quietly made some progress over the course of a week where many other commodities struggled to gain traction.
Metal Price Update
Gold — Gold went back into a downward trend over the week, starting at $4,840 per ounce and ending around $4,725. Peace talks stalled, oil climbed, and inflation fears rose again, so something had to give.
Silver — It was a similar trend in silver, starting around $80 per ounce and ending around $75.60. This is the kind of up-and-down volatility that will be common for the foreseeable future because of the war.
Copper — Copper started and ended in the same place, around $6.03 per pound, with some slight upward movement in the middle of the week that reached as high as $6.15. This is the time to load up on copper shares, because the market is going to wake up to its long-term demand sooner or later.
Lithium Carbonate — Lithium maintained a tight range of around $25,300 per metric ton over the course of the week. That range is up from the prior week, as the market seems to be waking up to the fact that supply is tightening.
Uranium — Uranium saw a slight drop in its price, but nothing dramatic. It started the week around $86.90 per pound and rose to $87.15 before it dropped to $86.80. Investors seem to be playing wait and see with uranium prices, but this is a good opportunity to secure shares before prices take off again on a commodity whose demand isn’t going away any time soon.
Company Callout
In the ongoing gold and silver bull market, one name to watch is Kingsmen Resources Ltd. (TSX-V: KNG)(OTC: KNGRF).
Recent news from the company highlights that big things are ahead in 2H 2026. Namely, the start of an 11,000-meter drill program at its 100%-owned Las Coloradas silver-gold project in Mexico. It’s a follow-up to a maiden drill campaign from last year that confirmed the site has district-scale potential and will start with 6,000 meters of core drilling, followed potentially by 5,000 more meters. The company is also advancing work at the nearby Almoloya project, a historic past-producing system set for drills to begin turning sometime later this year.
Kingsmen has plenty of cash in its war chest, and its C$40 million market cap means it’s being overlooked by the broader market. Those factors, along with its promising properties, show exactly why it’s the perfect candidate for any investors wanting gold and silver in their portfolios.
If you want to learn more about the company’s properties and the potential profits that stand to be made, you can find that information in the pages of Junior Resource Monthly by clicking here.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest