May 7, 2007 / 10:17am / in General, uranium, International Investing
From Yahoo Finance:
The new NYMEX futures market will involve financially settled contracts that are separate from the physical uranium market. Traders won't take possession of the commodity, but they can take title of it and receive exposure to its price.
Apr 25, 2007 / 9:54am / in Commodities, General, uranium, International Investing
After watching Uranium move from $40 to over $110 in the past year Goldman and others are starting to dediciate resources to the volatile metal. Soon even more people will be in the game with the introduction of uranium futures.
It is not currently traded on an exchange and its price is hard to determine because transactions are private and infrequent.