Goldman Sachs, alongside Macquarie and a number of hedge funds, is significantly reshaping the uranium market, marked by a surge in activity due to soaring uranium prices, which have hit a 16-year high.
![A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Photo: Getty Images](https://krugmaninsights.com/wp-content/uploads/2024/02/PP2HZMNH55BTDOCVDBBGOH6ESQ-1024x600.jpeg)
This notable shift in the market dynamics is a breakaway from the traditional reluctance of investment banks to engage in uranium trading.
These institutions are not only actively trading physical uranium but, in the case of Goldman Sachs, also delving into uranium options trading.