financetom
World
financetom
/
World
/
RBC Capital Markets Says Uranium Spot Prices Slightly Up Week Over Week; Strong Market Allows Sprott To Buy Uranium
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
RBC Capital Markets Says Uranium Spot Prices Slightly Up Week Over Week; Strong Market Allows Sprott To Buy Uranium
Apr 17, 2024 8:16 AM

10:53 AM EDT, 04/17/2024 (MT Newswires) -- RBC Capital Markets said Tuesday that uranium spot prices were up slightly over the past week due to increased buying interest and strength in uranium equities.

RBC said strong uranium stocks allowed Sprott Physical Uranium Trust Fund (U-UN.TO) to raise capital and purchase 100,000 pounds of uranium.

According to RBC, the strong market for uranium was driven by renewed reports on severe flooding in Kazakhstan, where major producer Kazatomprom is based. But the company recently stated there has been no impact on production for now.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Euro rises, stock futures choppy in Asia trade after conservatives win German election
Euro rises, stock futures choppy in Asia trade after conservatives win German election
Feb 23, 2025
By Yoruk Bahceli and Dhara Ranasinghe LONDON, Feb 23 (Reuters) - The euro opened higher on Monday while stock futures were volatile as Germany's conservatives won the national election as expected, with investors awaiting further results to see whether much-needed fiscal reform was likely. The conservative CDU/CSU bloc won 28.5% of the vote, followed by the AfD with 20.5%, said...
GLOBAL MARKETS-German stock futures, euro edge up on Merz win
GLOBAL MARKETS-German stock futures, euro edge up on Merz win
Feb 23, 2025
* Asian stock markets : https://tmsnrt.rs/2zpUAr4 * Euro inches up as Merz wins German vote as expected * Wall St futures bounce ahead of Nvidia ( NVDA ) earnings * Asia stocks dip, trade thin with Tokyo on holiday By Wayne Cole SYDNEY, Feb 24 (Reuters) - European shares steadied on Monday as Germany's election produced no nasty surprise, while...
German stock futures, euro edge up on Merz win
German stock futures, euro edge up on Merz win
Feb 23, 2025
SYDNEY (Reuters) - European shares steadied on Monday as Germany's election produced no nasty surprise, while Wall Street futures firmed on hopes results from AI diva Nvidia this week would justify the tech sector's sky-high valuations. DAX futures firmed 0.2%, while EUROSTOXX 50 futures were flat. The euro edged 0.3% higher to $1.0493 after the CDU/CSU won as polls predicted....
BOJ isn't fretting much about rising bond yields - for now
BOJ isn't fretting much about rising bond yields - for now
Feb 23, 2025
TOKYO (Reuters) -Investors in Japan's government bond market are getting a glimpse of life without heavy intervention by the Bank of Japan, which is showing little sign of reverting to a hands-on approach despite the recent steady rise in long-term interest rates. BOJ Governor Kazuo Ueda issued a mild warning on Friday that it could increase bond buying if abnormal...
Copyright 2023-2025 - www.financetom.com All Rights Reserved