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    Uranium Spot Price Hovers Around $48 A Pound

    Written by Investing News Network
    |
    Sep. 12, 2012 12:46PM PST

    Platts reported spot uranium hovers around $48 a pound on sporadic demand.

    Platts reported spot uranium hovers around $48 a pound on sporadic demand.

    As quoted in the market news:

    The spot price of uranium remained near $48 a pound U3O8 midday Tuesday, according to analysts.

    TradeTech on Friday kept its weekly spot price at $48/lb, saying it was aware of six transactions for about 750,000 lb U3O8 equivalent over the previous seven days. TradeTech’s daily price Monday remained at $48/lb.

    Click here to read the full Platts report.

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