Tag: Global X Uranium ETF
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![Uranium price takes out 2022 highs as bull market continues!]()
Uranium price takes out 2022 highs as bull market continues!
In July 2023, I gave a price target of $65 on spot uranium by the year end. The reason I chose $65 was because this was the 2022 highs and thus, the next major resistance zone for spot uranium. This was the chart I displayed back then: Uranium bulls did not have to wait until…
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![Spotlight on the Uranium Market: Emerging Opportunities Amidst Price Spikes and Underperforming Stocks]()
Spotlight on the Uranium Market: Emerging Opportunities Amidst Price Spikes and Underperforming Stocks
So this is it, we’ve finally started to see what’s been brewing in the long-term uranium market for a while, finally reaching the spot market, as the price is breaking out and reached $57.65 USD/lb very recently, and it looks like it’s stabilizing around the $56-57 range. As previously mentioned here, the Swiss vehicle, Zuri-invest…
