Uranium spot price fades amid global financial crisis
Wed, Nov 5, 2008
PrWeb.com reports uranium market spot price experienced a decline in the beginning of October but rebounded to $46 per pound at the end of October.
Like many commodity markets, the global financial crisis has affected the international market for uranium. In fact, TradeTech’s weekly uranium spot price dropped $4.00 to $47.00 per pound U3O8 on October 10, which marked the lowest price level since June 2006.
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