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2024

Goldman Sachs Boosts Physical Uranium Trades Amid Soaring Prices

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Goldman Sachs, Macquarie, and some hedge funds have boosted physical trading and options trades in uranium amid soaring prices, as many countries look to increase nuclear power generation to meet their climate goals while reducing the need of fossil fuel imports.    Goldman has been increasing trade in physical uranium and has created a derivative of uranium trading by writing options on physical uranium for hedge funds, sources at hedge funds and the trading industry familiar with the deals have told Reuters. While investment banking…



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