Page 2 - Uranium Insider News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Catch up and get informed with this week’s content highlights from Charlotte McLeod, our editorial director. It was a week of bumpy trading action for the gold price, which moved between about US$1,760 and US$1,790 per ounce during the period. Market participants were eyeing Wednesday’s (April 28) US Federal Reserve meeting, but there were no major surprises — the central bank left interest rates unchanged and will keep its bond-buying program steady. Gold dropped initially on the news, but then quickly rebounded. While it’s always good to keep an eye on gold, it’s also worth noting...

SWU, or separative work unit, which Huhn described as essentially the cost of enrichment, has increased steadily since bottoming in 2018, while the cost of conversion has hit an all-time high. “All of the elements of the fuel cycle are now moving up sort of together,” he said. “Conversion and SWU have moved more consistently than U3O8, but we think that move is coming.” Aside from that, Huhn said it’s important to note that institutions have been starting to take sizeable positions in the uranium market, primarily in mid- to large-cap stocks and exchange-traded funds. Investors shou...