Daily FNArena News - Commodities

August proved a flat month for demand and pricing of yellow cake, despite ongoing problems at the Cigar Lake project in Canada.

Steel industry consultant MEPS notes strong steel prices should continue into September but will weaken into the end of the year and the early part of 2009.

Why has the US Mint suddenly run out of gold coins in a weak gold market?

The past week saw one deal concluded in the U3O8 spot market, but no price change.

The recent rally in the US dollar has pushed down gold prices, but a number of factors sees Standard Chartered expecting the price to rise.

As anticipated earlier this week, Ux Consulting has left its spot U3O8 price unchanged at US$64.50.

No deals occurred, so no price changes for uranium over the past week.

This week gold broke its significant 50-week moving average. The week isn’t over yet. Will it recover?

Spot uranium has remained at US$64.50 over the week past, TradeTech reports.

Barclays Capital says China is unlikely to experience any great post-Olympic commodity hangover as domestic demand remains strong and growth projects will continue.