Delhi Local Scrap Rates – Get the Latest Prices & Insights
Updated: February 4th, 2025 Are you looking for Delhi local scrap rates? Stay updated with our reliable and accurate pricing service. We provide real-time scrap price updates for Delhi’s scrap metal market, helping you make informed buying and selling decisions. Whether you’re a scrap trader, business owner, or buyer, our service ensures you get the […]
Delhi Scrap Prices Today – February 4th, 2025
Delhi Scrap Prices Today: Comprehensive Overview of Metal Scrap Rates As of today, Delhi’s scrap market showcases various prices for metals like Copper, Brass, Aluminium, Lead, Zinc, Nickel, and Tin. Understanding these rates is crucial for scrap dealers, buyers, and sellers looking to make informed decisions in the market. Let’s take a closer look at […]
MCX Crude Oil Price Today: Market Trends Amid Middle East Tensions
MCX Crude Oil Price Today: Crude oil prices rose by 0.84%, closing at ₹5,742, amid rising concerns over potential supply disruptions due to escalating tensions in the Middle East. Fears of Iran becoming involved in the conflict have heightened worries about broader instability. Israel’s increased military actions against Hezbollah and Hamas leaders in Lebanon, as […]
MCX Zinc Price Today: Stimulus Impact, Supply Forecast, and Key Support Levels
MCX Zinc Price Today: Zinc prices eased by 0.12%, closing at ₹280.55 as investors took profits following a recent rally fueled by stimulus efforts in China. Despite China’s central bank planning to direct banks to reduce mortgage rates by October 31 to aid the struggling property market, weak manufacturing data dampened market sentiment. The Caixin […]
MCX Copper Price Today: Market Trends & Technical Outlook
MCX Copper Price Today: Copper prices dipped by 0.57%, closing at ₹851.35 due to an ongoing global surplus in refined copper. According to the International Copper Study Group (ICSG), July recorded a surplus of 91,000 metric tons, following June’s excess of 113,000 metric tons. From January to July 2024, the surplus has surged to 527,000 […]
China’s Rate Cuts: A Strategic Economic Recovery Move
In a decisive move to rejuvenate its economy, China’s central bank rate cuts on Friday marked a critical step towards achieving the nation’s growth target of around 5% for the year. By lowering interest rates and injecting liquidity into the banking system, Beijing aims to address mounting economic challenges and foster an environment conducive to […]
Israel’s Consideration to Limit Precious Metal Ownership
In a strategic move to combat illegal activities, Prime Minister Benjamin Netanyahu has initiated discussions to limit precious metal ownership in Israel. This comes as part of a broader effort to curb the circulation of black market currency. Which has been linked to various criminal activities. A meeting involving key financial figures, including Finance Minister […]
What is the Price of 1 kg Copper in India: Market Outlook
Today, the price of 1 kg copper in India has settled up by 0.5% at ₹840.65. This increase is largely attributed to China’s introduction of several easing measures aimed at bolstering its economy. The People’s Bank of China announced a 50-basis-point cut to the reserve requirement ratio before the year-end and plans to reduce key […]
Zinc MCX Price Today: Market Update and Insights
Today, the zinc MCX price surged by 3.23% to settle at ₹275, primarily driven by China’s comprehensive stimulus measures aimed at reviving its struggling economy. The People’s Bank of China announced its most substantial stimulus since the pandemic, which has significantly boosted market sentiment and supported metal prices across the board. However, this positive momentum […]
1 Kg Copper Price Today in India: Market Insights
Today, the 1 kg copper price in India has increased by 1.91%, reaching ₹836.45. This rise is attributed to recent economic easing measures announced by China, aimed at bolstering growth and enhancing global copper demand. The People’s Bank of China (PBOC) plans to cut the reserve requirement ratio by 50 basis points and lower key […]