Uranium futures in the US were above $86.5 per pound, near their highest level in two months as a recovery in broad risk sentiment was combined with the signs of strong longer-term demand in nuclear power. Nuclear power investment has been featured by future operators of power-hungry data centers, driving multiple tech giants in the US to sign contracts for small modular reactors. Meta signed agreements for up to 7.8 gigawatts of nuclear capacity to support their AI services, and Microsoft signed agreements to renew old reactors that exclusively supply over 800 megawatts for their AI datacenter operations. The US government cut regulations on the construction and permits for uranium converters and enrichers and announced deals for the construction of new power plants. These include a partnership with Cameco, which approved the development of Westinghouse reactors, and a fresh $2.7 billion in contracts to Centrus and two other reactors and enrichers.

Uranium fell to 85.95 USD/Lbs on May 15, 2026, down 0.23% from the previous day. Over the past month, Uranium's price has fallen 0.41%, but it is still 20.04% 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 148.00 in May of 2007. Uranium - data, forecasts, historical chart - was last updated on May 18 of 2026.

Uranium fell to 85.95 USD/Lbs on May 15, 2026, down 0.23% from the previous day. Over the past month, Uranium's price has fallen 0.41%, but it is still 20.04% 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 86.66 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 91.80 in 12 months time.



Price Day Month Year Date
Crude Oil 106.26 0.844 0.80% 21.56% 71.01% May/18
Brent 109.92 0.663 0.61% 15.13% 67.72% May/18
Natural gas 3.05 0.0911 3.08% 13.47% -1.99% May/18
Gasoline 3.71 0.0120 0.32% 19.16% 73.43% May/18
Heating Oil 4.06 0.0094 0.23% 14.74% 90.71% May/18
Ethanol 1.93 -0.0275 -1.41% 1.32% 10.16% May/15
Naphtha 897.15 21.58 2.46% -2.00% 62.54% May/15
Propane 0.88 0.03 3.03% 9.97% 15.52% May/15
Uranium 85.95 -0.2000 -0.23% -0.41% 20.04% May/15
Methanol 2,802.00 -258.00 -8.43% -10.25% 21.83% May/18


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
85.95 86.15 148.00 7.10 1988 - 2026 USD/LBS Weekly

News Stream
Uranium Rises to 2-Month High
Uranium futures in the US were above $86.5 per pound, near their highest level in two months as a recovery in broad risk sentiment was combined with the signs of strong longer-term demand in nuclear power. Nuclear power investment has been featured by future operators of power-hungry data centers, driving multiple tech giants in the US to sign contracts for small modular reactors. Meta signed agreements for up to 7.8 gigawatts of nuclear capacity to support their AI services, and Microsoft signed agreements to renew old reactors that exclusively supply over 800 megawatts for their AI datacenter operations. The US government cut regulations on the construction and permits for uranium converters and enrichers and announced deals for the construction of new power plants. These include a partnership with Cameco, which approved the development of Westinghouse reactors, and a fresh $2.7 billion in contracts to Centrus and two other reactors and enrichers.
2026-04-27
Uranium Holds Recent Pullback
Uranium futures in the US were steady around $85 per pound, trading at a narrow range since dropping to two-month lows mid-March as the war in the Middle East maintained a degree of low-risk sentiment for major economies, denting speculative assets. Still, yellowcake prices remained firmly higher since the start of the year due to the bullish view on the longer-term adoption of nuclear power. Nuclear power investment has been featured by future operators of power-hungry data centers, driving multiple tech giants in the US to sign contracts for small modular reactors. The US cut regulations on the construction and permits for uranium converters and enrichers and announced deals for the construction of new power plants. These include a partnership with Cameco, which approved the development of Westinghouse reactors, and a fresh $2.7 billion in contracts to Centrus and two other reactors and enrichers to offset the shun of supply from Russia following sanctions on their nuclear fuel.
2026-04-02
Uranium Erases Year-Start Rally
Uranium futures in the US fell to $85 per pound in March, its lowest in two months, despite the upswing in coal prices to reflect concerns that the year-start rally may have been overdone. Still, yellowcake prices remained slightly higher since the December on the bullish view of demand. Recent developments in nuclear power investment have been headlined by operators of power-hungry data centers, driving multiple tech giants in the US to sign contracts for small modular reactors. The US cut regulations on the construction and permits for uranium converters and enrichers and announced deals for the construction of new power plants. These include a partnership with Cameco, which approved the development of Westinghouse reactors, and a fresh $2.7 billion in contracts to Centrus and two other reactors and enrichers to offset the shun of supply from Russia following sanctions on their nuclear fuel.
2026-03-20