Metals Monday: Volatility and Profitability

Commodity Callout

The volatility and uncertainty brought on by the Trump administration is creating an opportunity for smart investors thanks to the big money seeking out safe haven investments. It’s not going to be found in places like tech. Instead, it’s going to be in metals like gold, which is on its way to the $3000-per-ounce milestone. It’s not the only metal looking to make big gains either. Click here to read all about the emerging commodity supercycle and how to profit. 

Metal Price Update

Gold — Gold saw an uptick last week, starting the week at around $2860 and ending it just about $2900 per ounce. A lot of that can be attributed to the Trump administration and its shotgun approach to tariffs. The president might like volatility but the market doesn’t. That’s why gold is expanding its role as a safe haven investment. 

Silver — Silver saw a similar trend where it began the week down from where it ended the previous week but then made up that lost ground. The range was between $31.50 and $32.30 per ounce. For the foreseeable future, where gold goes, silver will follow. 

Copper — Copper had a solid week, starting at $4.58 and ending just above $4.71 per pound. Trump signaled a possible 25% tariff on the metal, which contributed to the price rise. Whether or not that happens, copper is set to be essential to the clean energy future, which means prices can only go up from here. 

Lithium Carbonate — Last week saw lithium in a range between $10,302 and $10,372 per ton, down from the previous week. It ended the week on the higher end of that range but still has a long way to go before it can inspire confidence. 

Uranium — The slight uptick we saw in the uranium price two weeks ago pulled back once again. The metal started the week around $65.50 and retreated to $64.60 per pound, showing it still has hurdles to overcome before it can regain its longer-term bullish trend.

Company Callout

One company to watch is Q2 Metals (TSX-V: QTWO)(OTC: QUEXF), a lithium miner that owns, among other things, the Cisco lithium property in James Bay, Quebec. Recent drill results began laying the groundwork for a profitable 2025, which could coincide with the lithium market turning around as the company continues to explore the scale of its property via the drill-bit. 

QTWO was one of the companies featured in Private Placement Intel, where it returned a nearly 600% profit. That goes to show just how profitable private investing can be. It’s one of the many winners Nick and Gerardo have in the Private Placement Intel portfolio. Click here to see if joining Nick and Gerardo on this type of wealth-building is right for you.

Keep your eyes open,

Ryan Stancil

Ryan Stancil
Editor, Resource Stock Digest