Uranium futures in the US remained near $85 per pound, trading in a 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 rose to 86.05 USD/Lbs on July 1, 2026, up 0.64% from the previous day. Over the past month, Uranium's price has fallen 0.23%, but it is still 10.60% higher than a year ago, 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 July 2 of 2026.

Uranium rose to 86.05 USD/Lbs on July 1, 2026, up 0.64% from the previous day. Over the past month, Uranium's price has fallen 0.23%, but it is still 10.60% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Uranium is expected to trade at 87.74 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 90.31 in 12 months time.



Price Day Month Year Date
Crude Oil 67.92 -0.657 -0.96% -29.26% 1.64% Jul/02
Brent 70.98 -0.586 -0.82% -27.43% 3.41% Jul/02
Natural gas 3.18 -0.0366 -1.14% -0.95% -7.62% Jul/02
Gasoline 2.88 -0.0629 -2.14% -7.96% 35.96% Jul/02
Heating Oil 3.19 -0.0286 -0.89% -17.12% 34.77% Jul/02
Ethanol 1.88 0.0050 0.27% -4.81% 8.67% Jul/01
Naphtha 613.74 -3.00 -0.49% -19.04% 11.30% Jul/01
Propane 0.70 -0.01 -1.05% -16.18% -3.46% Jul/02
Uranium 86.05 0.5500 0.64% -0.23% 10.60% Jul/01
Methanol 2,370.00 -12.00 -0.50% -23.75% -1.99% Jul/02


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
86.05 85.50 148.00 7.10 1988 - 2026 USD/LBS Weekly

News Stream
Uranium Holds Around $85
Uranium futures in the US remained near $85 per pound, trading in a 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.
2026-06-29
Uranium Holds at Narrow Range
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.
2026-06-16
Uranium Maintains Narrow Range
Uranium futures in the US were around $85 per pound, 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 already been largely reliant on long-term contracts since the war between Russia and Ukraine raised short-term trade uncertainty. Earlier, yellowcake prices were sustained 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.
2026-06-01