{"id":19536,"date":"2025-07-18T21:56:31","date_gmt":"2025-07-18T21:56:31","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/07\/18\/editors-picks-silver-price-breaks-us39-again-rare-earths-stock-soars\/"},"modified":"2025-07-18T21:56:31","modified_gmt":"2025-07-18T21:56:31","slug":"editors-picks-silver-price-breaks-us39-again-rare-earths-stock-soars","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/07\/18\/editors-picks-silver-price-breaks-us39-again-rare-earths-stock-soars\/","title":{"rendered":"Editor\u2019s Picks: Silver Price Breaks US$39 Again, Rare Earths Stock Soars"},"content":{"rendered":"<\/p>\n

The gold price saw both peaks and troughs this week, reacting to the release of June consumer and producer price index data out of the US, as well as renewed discussions about whether President Donald Trump may fire Federal Reserve Chair Jerome Powell.<\/strong><\/p>\n

Silver was the real precious metals star, pushing past the US$39 per ounce level once again.<\/p>\n

What\u2019s happened is we broke through that US$37 to US$37.30 resistance level \u2014 after failing there, by the way \u2014 which is also a technical bullish sign. And then we rallied all the way to the US$39s, but we hit resistance between US$39 and US$40, which is not really unexpected, because it was a really quick move from US$37 to US$39. <\/p>\n

I think US$40 is a big, round number that doesn\u2019t have a lot of resistance on the long-term chart, but it\u2019s still there in people\u2019s minds. <\/p>\n

It\u2019s going to take a little bit to get through US$40. But once you\u2019re by US$40, then it\u2019s absolutely go time if you don\u2019t think it is already. <\/p>\n

Take a watch for more on silver, as well as the gold, platinum and copper markets.<\/p>\n

\n

Bullet briefing \u2014 MP shares rise, Barrick and Discovery talk Hemlo <\/h3>\n

MP Materials signs deal with Apple<\/h4>\n

MP Materials (NYSE:MP) was in the headlines after announcing a US$500 million partnership with Apple (NASDAQ:AAPL). The companies said on Tuesday (July 15) that they have entered into a definitive long-term agreement through which MP will supply Apple with rare earth magnets. <\/p>\n

The magnets will be made in the US, and will use 100 percent recycled materials.<\/p>\n

The news follows last week\u2019s new partnership between MP and the US Department of Defense. A key component is a 10 year deal that sets up a price floor commitment of US$110 per kilogram for MP\u2019s neodymium-praeseodymium products, a move geared at creating supply chain stability.<\/p>\n

The defense department will also become MP\u2019s largest shareholder, buying US$400 million worth of preferred stock and receiving warrants to purchase additional common stock. <\/p>\n

Shares of MP spiked on the news and have stayed high since then.<\/p>\n

MP describes itself as the only fully integrated rare earths producer in the US, and the moves from Apple and the defense department reflect a growing push to diversify away from China. <\/p>\n

Investors are taking note of the rare earths opportunity too. Here\u2019s how Rick Rule of Rule Investment Media described the sector\u2019s potential in a recent interview: <\/p>\n

If you want a gamier suggestion, I really like the high-quality rare earths space. Nobody understands it, nobody cares. There are probably 50 pretenders in rare earths, but there are two or three speculations that, while you could easily lose 30 percent of your money, you could also easily enjoy 20 baggers. <\/p>\n

Watch the interview for more, including Rule\u2019s favorite ASX-listed mining stocks.<\/p>\n

Barrick, Discovery Silver in Hemlo talks<\/h4>\n

Major miner Barrick Mining (TSX:ABX,NYSE:B) is reportedly looking to sell Hemlo, its last remaining Canadian gold mine, to Discovery Silver (TSX:DSV,OTCQX:DSVSF). <\/p>\n

According to Bloomberg, the companies are in \u2018advanced talks\u2019 about a deal.<\/p>\n

Located in Ontario, Hemlo\u2019s 2025 output is forecast at 140,000 to 160,000 ounces of gold at an all-in sustaining cost of US$1,600 to US$1,700 per ounce. <\/p>\n

The move to sell Hemlo comes as Barrick hones in on tier-one assets and broadens its focus. It changed its name from Barrick Gold to Barrick Mining earlier this year, with its latest divestment being the sale of its 50 percent stake in the Alaska-based Donlin gold project for US$1 billion in cash.<\/p>\n

For its part, Discovery Silver has been on an expansion path, closing its acquisition of Newmont\u2019s (TSX:NGT,NYSE:NEM) Porcupine complex this past April. <\/p>\n

In addition to Porcupine, Discovery holds the Cordero silver project in Mexico.<\/p>\n<\/div>\n

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n

This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"

The gold price saw both peaks and troughs this week, reacting to the release of June consumer and producer price index data out of the US, as well as renewed discussions about whether President Donald Trump may fire Federal Reserve Chair Jerome Powell. Silver was the real precious metals star, pushing past the US$39 per […]<\/p>\n","protected":false},"author":0,"featured_media":19537,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-19536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/19536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=19536"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/19536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/19537"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=19536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=19536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=19536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}