Tag: base metals prices
-
Weekly round-up: Base metals prices show negative trends
Domestic base metals prices witnessed negative trends as prices of most commodities contracted w-o-w. Prices of most base metals moved lower on the week, with slowing global growth and rising interest rates. Aggressive monetary policy tightening has exacerbated fears of a slowing global economy curbing demand for metals. The rupee depreciated 44-50 paise and slipped…