Metal Prices

MCX Live News

Aluminium experienced an increase of 0.81%, concluding at Rs 368.9. This rise was underpinned by strong manufacturing activity in China and ongoing supply-side issues associated with geopolitical tensions in the Middle East. Robust Chinese macroeconomic indicators, highlighted by a manufacturing PMI increase to 52.2 in April—marking its most rapid expansion since December 2020—bolstered confidence in Read More

MCX Live News

Copper prices declined by 0.51%, closing at Rs 1,181.35, influenced by a robust U.S. dollar and ongoing inflationary pressures that dampened market sentiment. Heightened oil prices have intensified inflationary pressures, diminishing the likelihood that the U.S. Federal Reserve will initiate interest rate cuts in the near term. Given the prevailing expectation that the Fed will Read More