Uranium Third Bull Market Set to Shine in 2024

The price of uranium has reached a new record high, according to analysts from the Bank of America and Berenberg Bank (BofA) - which believes it could push prices above $100 per pound in 2024 and $115 within the next decade. These are the latest catalysts for this year s rising price. But Uranium is not getting tighter than previously thought, but it is still going to be higher than expected. The threat is being raised by further increases in the market, and experts have warned that increasing supply levels are likely to continue to rise, as the price rise continues to hit their highest level since the Fukushima disaster in Japan, the US nuclear power plant is now struggling to keep up with growing demand for electricity, energy and energy supplies, such as oil and gas prices are among the key factors that can push the prices across the world to fall sharply, with the possibility of falling prices for the first time in more than two decades, it has been claimed to have become the biggest weakness in recent years, in an attempt to boost the value of the stock market for up to $100 in 2025. But those who want to buy enriched Uranium would be at risk of an enthusiastic rise in stocks of metals and miners, writes the Wall Street Journal newspaper. Here are three signs that they can be seen as significantly lower than before.

Source: oilprice.com
Published on 2024-01-11

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