Azarga Uranium : Included in Index Composition for Global X Uranium ETF marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Global X s Top 3 Performers All Focus on Metals etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
Silver and gold aren't the only metal plays on the block and as U.S. purchases for uranium ticked higher in 2020, one ETF to watch is the Global X Uranium ETF (URA).
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The uranium investment theme topped our leaderboard on 4 April, as it was reported uranium prices are on the rise. According to The Motley Fool, the price of U308 (triuranium octoxide, also known as “yellowcake”) last week surged past $30 per pound for the first time this year, approaching its highs of last year . Morgan Stanley analysts predict it could hit $50 per pound by 2024.
As an investment theme, uranium has gained circa 6.65% in the past month and circa 107% over the past year (as of 9 April’s close). A resurgence in nuclear energy production, which had fallen after the 2011 Fukushima disaster, has powered this demand as more countries use the power source in their energy mix.
Uranium May Be Growing after Biden s American Jobs Plan Announcement etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.