Ryan Stancil,
Editor
Sept. 28, 2026
Commodity Callout
Every commodity experienced a downturn over the week, but uranium wasn’t hit as hard as the others. This could be a sign of its resilience.
Metal Price Update
Gold — Rising bond yields have once again pushed gold into correction territory. It started the week around $4400 per ounce before dropping and ending around $4320. That’s below recent support levels and time will tell if it will experience a further decline. Gold still looks strong long-term and traders should continue adding.
Silver — Silver followed the same trend, peaking around $68 per ounce before dropping to around $64.80. Even as it likely faces further tests in the weeks ahead, silver continues to be a smart buy for portfolios.
Copper — Copper prices dropped after a recent turnaround. They peaked just above $6.90 per pound before dropping and ending the week around $6.77. While it may have pulled back, it only takes a push past resistance before it rallies. Given demand for copper, that is a likely scenario.
Lithium Carbonate — Lithium saw its decline continue. It started the week around $20,050 per metric tone and briefly climbed to $20,150 before falling to just below $19,850. With this being the trend across the board, it isn’t surprising that lithium is still trying to find its footing.
Uranium — Uranium’s downtrend continued, peaking around $89.75 per pound before ending the week around $89.50. Buyers are pulling back from commodities across the board but Uranium’s downtrend is less severe than others. Demand isn’t going anywhere, so buys should continue adding.
Company Callout
An update from Revival Gold (TSX-V: RVG)(OTCQX: RVLGF) perfectly paints why it should be part of your portfolio.
Recently announced results highlight 11,600 meters of drilling across 119 holes at Mercur in Utah, making the company’s drilling program for the year 64% complete. These results turned up 0.92 g/t gold over 33.5 meters, results that back up grade and leachability estimates from the company’s Preliminary Economic Assessment from last year.
There are still three drill rigs active and management expects a fourth by the end of the month to look into 9 million tonnes of heap leach pad material.
As gold prices reach higher lows and take aim at higher highs, a company like Revival is one to keep an eye on. Like other gold miners, pullbacks have brought prices at Revival down from recent highs, opening an opportunity for curious investors.
Nick talks about the company in the most recent issue of Underground Alpha. If you want to read his thesis and learn about his buy-under price for the stock, you can do that by clicking here.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest