COMMODITY
Zinc futures fall on strong dollar overseas
Jan-07-2026

Zinc futures fell on MCX as speculators cut positions on dollar’s strength against its major peers overseas, while investors are cautious ahead of key US economic releases include the December jobs report due on Friday that could provide further clues on the Federal Reserve's monetary policy outlook. However, the overall outlook has been bullish due to tightening inventories and ongoing supply disruptions globally.

The contract for January delivery was trading at Rs 313.45 down by 0.70% or Rs 2.20 from its previous closing of Rs 315.65. The open interest of the contract stood at 4703 lots.

The contract for February delivery was trading at Rs 314.00 down by 0.46% or Rs 1.45 from its previous closing of Rs 315.45. The open interest of the contract stood at 752 lots on MCX.

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