Uranium Climbs as Monthly Transactions Hit Record High, UxC Says
November 02, 2010, 3:09 AM EDT By Claudia Carpenter
Nov. 2 (Bloomberg) -- Uranium rose $1.50 to $53.50 a pound in the week through yesterday, with transactions during October at a record 41, UxC Consulting Co. said in a report.
The monthly total at 5.6 million pounds of uranium traded on the spot market surpassed both March and August, Roswell, Georgia-based UxC said in a report e-mailed yesterday. The previous monthly record for transactions was 32 in May last year, it said.
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