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Zinc price rises on dollar weakness, inflation concerns; is it time to sell?


Zinc price rises on dollar weakness, inflation concerns; is it time to sell?
Moneycontrol
10 hours ago
© Sandeep Sinha
Zinc price rises on dollar weakness, inflation concerns; is it time to sell?
Zinc prices strengthened to Rs 232.10 per kg as participants rolled over their long position as seen by the open interest. The base metal traded in the positive territory after a gap-down start tracking weaker dollar.
On the MCX, Zinc delivery for May gained Rs 0.60, or 0.26 percent, to Rs 232.10 per kg with a business turnover of 1,488 lots. The same for June contract soared Rs 0.80, or 0.34 percent, to Rs 234 per kg with a volume of 808 lots. ....

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