👷‍♀️ Greetings Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and practice skateboarding. 🛹

📝 Here are the highlights

💪 Metal Climb

👏 Atomic Revival

🐦 Uranium Reality

📌 Daily Commodity Prices

💪 Metal Climb

Gold prices climbed to a three-week-high, supported by a weaker dollar and safe-haven demand amid global economic and geopolitical uncertainties.

Spot gold reached $2,658.11 per ounce, with U.S. gold futures steady at $2,672.20. The dollar index fell 0.3%, enhancing gold's appeal for non-dollar holders. Market sentiment reflects caution over U.S. President-elect Donald Trump’s policies, which could spark inflation and trade tensions, bolstering gold as a hedge.

Other precious metals also gained, with silver up 0.6% to $29.75 per ounce and platinum and palladium posting weekly increases.

👏 Atomic Revival

The global nuclear fuel market is experiencing growth driven by clean energy demands in the technology sector, net-zero carbon initiatives, and evolving trade policies, according to TradeTech.

Uranium demand is poised for long-term expansion, supported by energy security concerns, investments in nuclear power, and tech giants like Amazon and Google adopting nuclear energy for AI data centers. In the U.S., efforts to restart retired nuclear plants and build new reactors are gaining momentum.

Despite challenges from geopolitical tensions and policy unpredictability, uranium prices rose to $82 per pound U3O8 in late 2024, reflecting growing market confidence.

📰 In Other News

🐦 Uranium Reality

Happy Speculating!

The Editor

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