Actual
89.8500
Daily Change
-0.55 -0.61%
Monthly
3.75%
Yearly
17.22%
Q3 Forecast
90.8574
Uranium - Summary

Uranium futures in the US remained near the $85 per pound mark, extending its narrow range since early April after erasing the surge from earlier in the year. The cooldown from the speculative rally was combined with muted levels of spot buying by utilities, which have allocated from long-term contracts since the war between Russia and Ukraine raised short-term trade uncertainty. Yellowcake prices were lifted by geopolitical tension driving power markets in major economies to be increasingly volatile, sparking interest in nuclear power by governments and power-hungry AI hyperscalers that develop datacenters. Italy was the latest to express interest to approve a legal framework to restore nuclear power, in line with measures from the US and Japan as power consumers expand sources for generation to account for the higher demand from data center projects. Meta, Amazon, and Microsoft signed agreements to gain fresh nuclear capacity for their future AI data center operations.

Uranium - Stats

Uranium fell to 89.85 USD/Lbs on August 28, 2026, down 0.61% from the previous day. Over the past month, Uranium's price has risen 3.75%, and is up 17.22% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Uranium reached an all time high of 148 in May of 2007. Uranium - data, forecasts, historical chart - was last updated on August 29 of 2026.

Uranium - Forecast

Uranium fell to 89.85 USD/Lbs on August 28, 2026, down 0.61% from the previous day. Over the past month, Uranium's price has risen 3.75%, and is up 17.22% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Uranium is expected to trade at 90.86 USD/LBS by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 95.50 in 12 months time.



Price Day Month Year Date
Crude Oil 83.44 -0.090 -0.11% -1.21% 30.35% Aug/28
Brent 88.29 -0.230 -0.26% 0.23% 30.84% Aug/28
Natural gas 2.88 -0.0335 -1.15% 5.82% -3.89% Aug/28
Gasoline 3.47 0.0862 2.55% 7.58% 76.42% Aug/28
Heating Oil 4.35 0.0665 1.55% 2.59% 91.44% Aug/28
Ethanol 2.05 0.0300 1.49% 4.59% 4.99% Aug/28
Naphtha 745.84 0.38 0.05% -4.66% 33.38% Aug/28
Propane 0.73 0.01 1.57% -0.06% 5.82% Aug/28
Uranium 89.85 -0.5500 -0.61% 3.75% 17.22% Aug/28
Methanol 2,897.00 85.00 3.02% 10.57% 31.44% Aug/28


Uranium
Uranium is a highly dense metal which occurs in most rocks and is mostly used as a fuel in nuclear power plants. The standard contract unit is 250 pounds of U3O8 and is traded on New York Mercantile Exchange. Top uranium producers are Kazakhstan, Canada and Australia. The Uranium prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. The data is supplied by a third party and, while efforts are made to ensure its accuracy, Trading Economics does not verify the data and makes no representations or warranties regarding its accuracy..
Actual Previous Highest Lowest Dates Unit Frequency
89.85 90.40 148.00 7.10 1988 - 2026 USD/LBS Weekly

News Stream
Uranium Rises to 6-Month High
Uranium futures in the US rose to $90 per pound in August, the highest in over six months, as signs of strong demand magnified the impact of setbacks to supply. The outlook on yellowcake supply from Kazatomprom, the world's largest uranium producer, faced fresh uncertainty as its TQZ sulphuric acid plant faced delays, limiting capacity for leaching uranium. The producer also noted that demand was accelerating as large economies continued to invest in nuclear power to achieve decarbonization goals and limit exposure to volatile commodity markets due to geopolitical tension in Russia and the Middle East. Italy was the latest to express interest to approve a legal framework to restore nuclear power, in line with measures from the US and Japan as power consumers expand sources for generation to account for the higher demand from data center projects. Meta, Amazon, and Microsoft signed agreements to gain fresh nuclear capacity for their future AI data center operations.
2026-08-26
Uranium Rises to Near 6-Month High
Uranium futures in the US remained near the $85 per pound mark, extending its narrow range since early April after erasing the surge from earlier in the year. The cooldown from the speculative rally was combined with muted levels of spot buying by utilities, which have allocated from long-term contracts since the war between Russia and Ukraine raised short-term trade uncertainty. Yellowcake prices were lifted by geopolitical tension driving power markets in major economies to be increasingly volatile, sparking interest in nuclear power by governments and power-hungry AI hyperscalers that develop datacenters. Italy was the latest to express interest to approve a legal framework to restore nuclear power, in line with measures from the US and Japan as power consumers expand sources for generation to account for the higher demand from data center projects. Meta, Amazon, and Microsoft signed agreements to gain fresh nuclear capacity for their future AI data center operations.
2026-08-18
Uranium at 86.30USD/LBS
Uranium futures in the US remained near the $85 per pound mark, extending its narrow range since early April after erasing the surge from earlier in the year. The cooldown from the speculative rally was combined with muted levels of spot buying by utilities, which have allocated from long-term contracts since the war between Russia and Ukraine raised short-term trade uncertainty. Yellowcake prices were lifted by geopolitical tension driving power markets in major economies to be increasingly volatile, sparking interest in nuclear power by governments and power-hungry AI hyperscalers that develop datacenters. Italy was the latest to express interest to approve a legal framework to restore nuclear power, in line with measures from the US and Japan as power consumers expand sources for generation to account for the higher demand from data center projects. Meta, Amazon, and Microsoft signed agreements to gain fresh nuclear capacity for their future AI data center operations.
2026-07-28