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Zinc Trading

Zinc Prices Dip Amid Strong Dollar and Fed Rate Hike Speculation

MCX Live Updates

Zinc settled lower by 1.03% at Rs 422.35 as a stronger US dollar and expectations of further Federal Reserve rate hikes to contain inflation pressured prices, while supply concerns limited the downside. Nyrstar announced a strategic review of its Dutch zinc smelting operations, raising concerns over future refined zinc availability. China’s zinc production contracted for Read More

Zinc Soars as Supply Shrinks After Production Hiccups

MCX Live Updates

Zinc prices increased by 0.05% to close at Rs 365.2, buoyed by constricting global supply conditions due to production disruptions at significant smelting operations. However, gains remained constrained as robust U.S. economic data elevated the dollar and solidified anticipations that the Federal Reserve may implement interest rate hikes by the end of the year. In Read More

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