Uranium Prices

Uranium prices averaged USD 78.17 per pound in November, down 5.0% from October. On 29 November, the commodity traded at USD 76.95 per pound, down 3.4% from 31 October.

After hitting the highest level since 2008 at the start of the year, uranium prices have trended down, with market fundamentals likely asserting themselves over speculative buying. In November, Russia said it would continue to supply the U.S. with uranium, despite having temporarily halted shipments beforehand.