URA is trading at $42.71, up 3.24% versus the September 16, 2026 close, with the move appearing driven by a rebound in risk appetite after the Federal Reserve’s 25-basis-point rate hike.
- Stronger equity futures and easing oil prices are also supporting the move.
- Long-term uranium prices remain near historic highs.
- Analysts expect tighter nuclear-fuel demand could potentially push prices above $100 per pound.