Uranium Price Posts Gain

IFandP reports spot uranium market showing some signs of gain with seven transactions bringing July’s total volume to 3.4Mlb. 

The market news is quoted as saying:

Last week the spot uranium market concluded seven transactions with 700,000lb changing hands and bringing July’s total volume to 3.4Mlb. As a result, by 2 August, the spot price rose 25 cents to US$52.00/lb. Three days later, the weekly spot price of one pound of uranium oxide gained US$2.00, reaching US$51.00 on 5 September, according to The Ux Consulting Company.

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