Uranium Spot Prices Increase
Source: Bloomberg, Jason Scott (8/2/11)
"Uranium spot prices rose 1%, snapping several months of price declines as new investors entered the market."
Uranium spot prices rose 1%, 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. . .View full article