Uranium was trading around $85.10 per pound, just off the recent range and range highs as of the writing of this report, and awaiting subsequent support and resistance levels. Despite some lack of momentum to the upside in the most recent session, buyers have stood firm to hold up support at $84. Notably, the big…
The common charts illustrate the disconnect between the rising prices of long-term contracts and the more volatile spot movements. After trading in a wide price band during the first half of 2026, prices for uranium have stabilized and are near $86 per pound. Daily prices have been fluctuating wildly, but utilities have been continuing to…
The price of uranium remained stable around $85 per pound after a significant drop in early June as mining stocks rebounded. The latest charts display that the market is divided into stable physical prices and uranium shares trying to regain momentum after a rough month. Notably, the price of spot uranium climbed $0.35, or 0.41%,…
Uranium-related stocks are consolidating at key support levels following a strong reaction from the 200-day moving average. At the time of the writing of this article, the share price of the Global X Uranium ETF was around $49.73, and the spot price of uranium was around $86.10 per pound. Meanwhile, momentum has dissipated over the…
Iran's uranium has been back in the spotlight after reports that it could be selling highly enriched uranium to China as part of a possible deal with the United States. The claim coincided with the ongoing increase in nuclear fuel prices, which further complicated the already tight uranium market. Meanwhile, traders of uranium said long-term…
Iran’s nuclear position returned to the center of global market attention after conflicting reports over the country’s enriched uranium stockpile. A recent report said that Iran’s Supreme Leader had directed that near-weapons-grade uranium should not be sent abroad, a move that would harden Tehran’s stance in peace talks with Washington. However, a senior Iranian official…
After suiting up and rolling over from a long period of rallying, uranium-related ETFs have entered a critical technical area. The €52 level has become a resistance point for the WisdomTree Uranium and Nuclear Energy ETF, which then provides support, said Nicolas Chéron. In the meantime, the broader supply narrative goes on. With imports having…
The U.S. National Nuclear Security Administration has finished disposing of the last of its enriched uranium from Venezuela, which was a major nuclear security hazard in South America. It was an operation with the 13.5 kg of uranium from the legacy research reactor RV-1. It was a development that coincided with the resurgence of uranium…
URA was trading around $55.80 on the one-minute chart, and the URNM daily chart indicated price remained above major moving averages following a brief pullback. Uranium-linked assets were traded in a narrow range as the traders were observing the possibility of the recent consolidation becoming another break. The arrangement continued to focus on uranium and…
Uranium prices remain at $86 after an earlier surge saw prices reach above $100. The current market action is now exhibiting more caution, with a narrower range. The price continues to find support at $85, with difficulty in pushing above $90. The ETF price shows the same signs of indecision, as the price is still…