Uranium Spot Prices Gain as Investors Enter Market, Ux Says
This article is for subscribers only.
Uranium spot prices rose 1.5 percent, snapping several months of price declines, as Japan’s Fukushima crisis brought new investors into the market, boosting demand, Ux Consulting Co. said.
Uranium-oxide concentrate for immediate delivery was at $52.25 a pound in the seven days through yesterday compared with $51.50 the previous week, Ux said in an e-mailed report today. That’s based on the most competitive offer tracked by the Roswell, Georgia-based company.