Ryan Stancil,
Editor
July 21, 2026
Commodity Callout
Uranium continued to gain ground in an otherwise slippery market
Metal Price Update
Gold — It was another down week for gold, starting around $4,010 per ounce, climbing to just above $4,100 and then falling again to end up close to where it started. Renewed military tensions in Iran and continued worry over inflation saw the price drop, followed by traders buying at a discount. This could continue to be a trend for some time, so you want to stock up before things turn around.
Silver — It was similar for silver, starting around $58 per ounce, reaching almost $60 and then falling to around $56.30. These recent troubles may have some investors feeling pessimistic about the market, but it’s important to remember that the price is up from where it was a year ago and long-term prospects are still favorable.
Copper — Copper started around $6.28 per pound, rose to around $6.45 and then fell back close to where it started. The metal showed more stability than other commodities and continues to prove to be a smart investment, especially in light of its future demand prospects.
Lithium Carbonate — Lithium prices fell again as rumors of mine restarts continued weighing on the sector. Prices started around $22,700 per metric ton and dropped to around $22,300 before a slight recovery had prices ending at just over $22,400. Bearish pressure is likely to remain sticky for some time, so you should continue stockpiling.
Uranium — Uranium continued to show steady upward movement, starting around $85.60 per pound and ending around $85.70. While all eyes are on gold, silver, and the others, uranium continues to quietly gather momentum ahead of what could be one of the most profitable trends in the commodity space.
Company Callout
Revival Gold Inc. (TSX-V: RVG)(OTC: RVLGF) is one you want to consider for your portfolio, and you might not have much time left at these levels to make it part of your gold investment strategy.
All of the pieces are in place for this company to be one that leads the junior mining sector, and that fact is starting to become more well-known. All you need to do is look at the write-ups that speculate Revival might be a takeout target for larger mining companies. Industry insiders are saying much the same.
Its two gold projects, Mercur in Utah and Beartrack-Arnett in Idaho, are exactly the kinds of assets that will bring in massive profits in a gold bull market thanks to their abundant resources in safe jurisdictions.
If you need proof, you don’t need to look any further than the recent results the company released from Mercur. The company completed 7,400 meters in 74 holes of this year’s planned 16,000-meter drill program. The first 13 RC holes included 1.65 g/t gold over 30.5 meters in hole RM26-204 and 0.92 g/t gold over 30.5 meters in hole RM26-183.
Those results mean that Revival will likely be able to expand beyond the open pit established by the Preliminary Economic Study while continuing to build infrastructure to complement additional drilling to come.
That kind of positive news has led management to buying more shares to the point where they collectively own about 9% of the company.
The company’s share price is below Nick’s buy-under price in the pages of Underground Alpha, but if this company gains the kind of market attention it deserves, that might not last.
Learn more about the company’s assets, its management, and why it’s a buy in the pages of Underground Alpha by clicking here.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest