The Conversation (0)
Sep. 27, 2011 11:00AM PST
FNArena reported on uranium’s volatility since last week.
FNArena reported on uranium’s volatility since last week.
The market news is quoted as saying:
The spot uranium price has been quietly bouncing back from below the significant US$50/lb level in recent weeks as it recovers from the shift away from a nuclear energy focus among some developed economies. Last week began as no exception, with the spot price pushing up US50c to US$54.00/lb mid-week. However, Thursday night’s action in global stock and commodity markets finally had an impact on a sport uranium market which has to date been relatively removed from panic over Europe.
Click here to access the entire news.