Uranium futures in the US were around $85 per pound in June, maintaining their 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. Earlier, 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, which has been shunned since the Chernobyl catastrophe. Meanwhile, Meta and Microsoft both signed agreements to gain fresh nuclear capacity for their future AI data center operations, boosting the outlook following the US government's pivot to speed approvals for power plants.
Uranium fell to 85.50 USD/Lbs on June 25, 2026, down 0.18% from the previous day. Over the past month, Uranium's price has risen 0.65%, and is up 8.92% 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 June 26 of 2026.
Uranium fell to 85.50 USD/Lbs on June 25, 2026, down 0.18% from the previous day. Over the past month, Uranium's price has risen 0.65%, and is up 8.92% 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 86.24 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 91.31 in 12 months time.