Zinc futures slide by 0.42% on weak physical demand
19/08/2016 16:45
However, the losses in the metal were restricted by signs of a pickup in US economic growth as US jobless claims fell 4,000 to 262,000 last week while a leading index rose 0.4 per cent in July from June, when it climbed 0.3 per cent. At the MCX, zinc futures for August 2016 contract is trading at Rs 152.90 per kg, down by 0.42 per cent, after opening at Rs 153.20, against a previous close of Rs 153.55. It touched the intra-day low of Rs 152.30 (at 16:42 hours).
