Uranium Spot Prices Fall Amid Weak Investor Demand, Ux Says

Bloomberg.com reports on the uranium spot price with weak investor demand.

The market news is quoted as saying;

Uranium spot prices fell 2.8 percent amid weak demand as traders of the nuclear fuel entered the holiday season, Ux Consulting Co. said.

Uranium-oxide concentrate for immediate delivery was at $52.75 a pound in the four days through June 30, Ux said in an e-mailed report today. That’s based on the most competitive offer tracked by the Roswell, Georgia-based company. Prices from this week were unavailable due to the U.S. holiday season, it said.

Click here to access the entire market news.