Gold Prices Decline Amid Strong U.S. Economic Data
Gold prices update: prices dipped 0.33% to settle at ₹78,166, weighed down by robust U.S. jobs data and a stronger dollar, which tempered expectations of aggressive Federal Reserve rate cuts. Technical Overview:
Zinc Prices Update: Stability Amid Mixed Signals
Zinc prices update: prices held steady at ₹273.05, as market dynamics balanced between a strong U.S. dollar and optimism around China’s economic stimulus measures.
Copper Market Update: Steady Gains Amid Optimism
Copper Market update: prices rose by 0.27%, settling at ₹828.25, driven by growing optimism about China’s economic recovery and global supply concerns.
India’s Steel Demand to Grow by 8-9% in 2025
India’s steel demand is projected to rise by 8-9% in 2025, driven by robust growth in the residential and infrastructure sectors, as well as increased use in engineering, packaging, and other industries. Key Drivers of Growth Concerns About Domestic Supply Despite demand growth, challenges in domestic supply persist: Steel Prices to Rise in 2025? Crisil […]
Indonesian Nickel Output Cuts: A Game-Changer for Prices
Macquarie Group Ltd. warns that significant cuts to Indonesian nickel mine output could lead to a potential shortage in global supply, causing a dramatic upside risk to nickel prices. With Indonesia being the world’s largest nickel producer, any reduction in its output would have major implications for the market. Indonesian Government’s Potential Cuts in Nickel […]
Gold Prices Update: U.S. Jobs Data and Fed Outlook Push Prices Higher in 2025
GOLD PRICES UPDATE: 10-01-2025 Gold prices per kg rose by 0.46% to ₹78,104, primarily driven by weaker-than-expected U.S. private employment data for December. The ADP National Employment report revealed a rise of 122,000 private-sector jobs, falling short of the forecast of 140,000. Additionally, the jobless claims were recorded at 201,000, lower than anticipated, signaling a […]
Silver Prices Update: Economic Factors and Future Projections
SILVER PRICES UPDATE: 10-01-2025 Silver prices per kg gained 0.85% to settle at ₹91,711, fueled by safe-haven demand as markets assessed the Federal Reserve’s cautious stance on rate cuts and the economic implications of President-elect Donald Trump’s proposed policies. Comments from Fed Governor Christopher Waller, hinting at potential inflation easing in 2025, offered some optimism, […]
Zinc Prices Update: Market Insights and Trends
Zinc prices per kg rose by 0.76%, settling at ₹271.55, driven by optimism over Beijing’s commitments to enhance fiscal and monetary stimulus to support economic growth. However, risks around U.S. President-elect Donald Trump’s tariff policies continue to cause caution among investors, keeping market sentiment mixed. Production and Inventory Insights Global Zinc Market Market Activity and […]
Copper Market Update: Price Trends and Key Insights
COPPER MARKET UPDATE: 10-01-2025 Copper prices per kg saw a rise of 0.29%, settling at ₹825, supported by a weaker U.S. dollar and expectations of less aggressive tariff policies under U.S. President-elect Donald Trump. Market optimism was further fueled by China’s commitments to enhance monetary and fiscal measures to boost economic growth. Rising Demand for […]
Zinc Scrap Prices Today: Latest Updates and Market Insights
Updated: MAY 20, 2025Zinc scrap plays a significant role in the recycling industry and is highly valued for its utility in manufacturing and construction. Keeping track of zinc scrap prices today is essential for traders, manufacturers, and recyclers to make informed decisions in the fast-changing metal markets. zinc scrap prices ZINC SCRAP PRICES 20 MAY […]