Uranium Price Outlook
Uranium prices were up in recent weeks. The commodity traded at USD 46.5 per pound on 14 January, which was up 5.1% from the same day a month earlier. Moreover, the price was 6.5% higher on a year-to-date basis and was up 54.7% from the same day last year. Prices for uranium rose last month due to the potential for disruption to supply caused by unrest in Kazakhstan, which accounts for around 40% of global uranium output. More generally, prices in recent months have been supported by the launch of the Sprott Physical Uranium Trust, the world’s largest fund investing in physical uranium. This has brought a growing number of new investors into the market, with both institutional and private investors betting on sharp price gains for the fuel as they bank on its projected role in cleaner energy generation.Uranium Price History Data (USD per pound, aop)
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Uranium | 36.81 | 26.45 | 22.06 | 24.55 | 25.9 |
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Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Uranium Historical Price Chart
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Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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