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India Base Metals: Zinc falls on rise in LME stocks, rebound in dlr

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India Base Metals

Zinc falls on rise in LME stocks, rebound in dlr

This story was originally published at 21:08 IST on August 6, 2024  Back
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Futures contracts of ZINC on the Multi Commodity Exchange of India fell today, taking cues from the London Metal Exchange because of a sharp rise in inventory at LME-approved warehouses. A recovery in the dollar, which makes dollar-denominated commodities expensive for buyers holding other currencies, also weighed on the sentiment.

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