Energy

Business Insider reported on the past year in uranium trading, noting long-term uranium is trending higher.

Business Insider reported on the past year in uranium trading, noting long-term uranium is trending higher.

As quoted in the market news:

After a sluggish 2009 and a slow 2010, uranium seemed to be coming into its own at the beginning of 2011. The spot price went from $42/pound (lb) at the end of the decade to start 2011 above $60/lb. It quickly topped $70/lb in February and had $75/lb in its sights before the March 11 Fukushima nuclear accident slammed it back down briefly to $50/lb. With the exception of a couple bounces, it stayed lower through the rest of the year, closing at $52/lb.

Click here to read the full Business Insider report.

Featured

MARKETS

Markets
TSX20197.61+15.69
TSXV702.09-3.49
DOW31261.90+8.77
S&P 5003901.36+0.57
NASD11354.62-33.88
ASX7145.60+81.10

COMMODITIES

Commodities
Gold1846.53+0.13
Silver21.75+0.03
Copper4.30+0.02
Palladium1968.65+11.53
Platinum957.67+3.19
Oil110.35-1.86
Heating Oil3.62-0.05
Natural Gas8.06-0.25

DOWNLOAD FREE REPORTS

×