Base metals prices on the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE) closed on a volatile note on the last trading day.
London Metal Exchange’s (LME’s) three-month aluminium contract edged up by 1%, zinc was stable while copper edged up by 0.3%, and nickel decreased by 2.3%. Lead fell by 1.6%.
MCX futures showed volatile trends: nickel was down 1.28% to INR 2,361.30/kg, lead fell by 3.49% to INR 182.45/kg and copper rose 1.39% at INR 786.85/kg. Aluminium edged up by 1.36% to INR 223.60/kg and zinc rose by 1.15% to INR 299.10/kg on the last trading day.
Oil prices increase marginally
Brent oil futures went up by 0.63% to $88.14 per barrel, while crude oil WTI futures rose by 0.12% to $81.63 per barrel at the time of publishing this report.
Dollar index
The dollar index, which gauges the value of the dollar in a basket of six different currencies, hovered around 101.92 at the time of publishing, up marginally by 0.23% against the last session.
The rupee was recorded at 81.59 against the US dollar, depriciating by 0.32 paise against the previous closing.
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