Uranium Sector Expected To See A Run As Positive Momentum And Demand Builds – Financial News Media

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Palm Beach, FL – May 7, 2024 – FN Media Group News Commentary – An article from REUTERS on the Uranium markets earlier this year painted a prosperous picture for the global Uranium. The report said:“Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium and in Goldman’s case trading its options as well, five industry and hedge fund sources with knowledge of the deals said. The heightened activity comes as utilities seek new supplies amid shortfalls that have lifted prices to 16-year highs .” It continued:“A few hedge funds are also stepping up involvement in both equities and physical […]

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