Uranium Metal DNA™
· Atomic #92 · ₹17,135.36/kg today
A metal with no futures exchange, almost no public spot market, and a price that utilities negotiate quietly, years in advance — nothing else tracked on this site is bought quite this way.
Uranium DNA Profile
Each dimension below is either computed live from data this site already tracks, or a manually researched figure with its own source — see how these are calculated.
How is this calculated?
Computed from the 30-day price change already stored in this site's own price history: score = 50 + (30-day % change × 2), clamped to 0–100. A metal flat over 30 days scores 50; every 1% of 30-day move shifts the score 2 points either way.
How is this calculated?
The standard deviation of daily % price changes over the last 10 trading days, scaled ×20 and clamped to 0–100. A purely descriptive measure of recent swing size, not a positive or negative signal on its own.
How is this calculated?
The single largest producing country's share of reported global production (excluding the "Other countries" residual bucket), taken directly from the USGS-sourced figures already powering /metal-reserves. Higher = more concentrated in one country.
No reliable dataset for this metal yet — shown honestly as not scored rather than a guessed number.
How is this calculated?
Summed reported reserves ÷ summed reported annual production, across only the countries USGS reports both figures for (same commodity, same units — never summed across commodities). Scaled: 40+ years of reserve life scores 100, scaled down linearly below that.
No reliable dataset for this metal yet — shown honestly as not scored rather than a guessed number.
How is this calculated?
Manually researched from each metal's primary industry association (see each metal's Sources section) — not computed. Scored as 100 minus the largest single demand sector's share of total demand, so a metal with no single dominant buyer group scores higher than one dependent on one sector.
No reliable dataset for this metal yet — shown honestly as not scored rather than a guessed number.
Scientific Identity
- Symbol
- U
- Atomic Number
- 92
- Category
- Critical Minerals & Energy
Source: IUPAC Periodic Table of the Elements. Further physical/chemical properties (density, melting point, electron configuration) are planned for a future update — not shown until individually verified per metal.
Utilities Buy It Quietly, Years in Advance
Nuclear utilities have historically bought uranium through confidential, long-term bilateral contracts negotiated directly with miners rather than an open spot market — the volume that trades visibly enough to build a public exchange around has always stayed relatively small, which is why this metal is priced via benchmark assessments (UxC, TradeTech) instead.
Canada's Athabasca Basin
Canada's Athabasca Basin in Saskatchewan hosts some of the highest-grade uranium deposits on Earth, run largely by Cameco — a genuinely major global producer among this site's 22 tracked countries, even as Kazakhstan (not tracked here) supplies a larger overall share of world output.
The Price Here Isn't the Reactor's Fuel Cost
The uranium price tracked on this page is for natural, unenriched U3O8 ("yellowcake") — not the finished reactor fuel. Turning it into usable fuel means converting it to uranium hexafluoride gas and then enriching it, raising the fraction of fissile U-235 from natural uranium's roughly 0.7% up to the 3–5% a reactor needs, at specialist enrichment plants that charge separately for that service in their own unit, the separative work unit (SWU). The uranium price shown here is only one part — not the whole — of what a utility actually spends to fuel a reactor.
Did You Know?
A single mid-sized uranium trade — a few hundred thousand pounds of U3O8 — can be large enough relative to the thin spot market to visibly move the weekly published price, something that would barely register as a rounding error in COMEX gold.
Frequently Asked Questions
Uranium Metal DNA™ is MetalsCost's intelligence profile combining scientific identity with market, supply and demand indicators — each indicator is either computed from this site's own stored price and reserves data, or a manually researched, cited figure. See the methodology page for exactly how.
Uranium's overall score of 35/100 is a simple average of the individual dimensions currently scored for it below — click any dimension's "Why?" for its exact formula and source.
The Uranium price in India today is ₹17,135.36 per kilogram as of August 28, 2026. See the live price and chart.
MetalsCost Metal DNA™ is an informational and analytical indicator. It is not investment advice, a price target, or a recommendation to buy or sell any commodity or financial instrument. See the methodology page for data sources and calculation details.
