Wednesday, 26 June 2019

Zinc Prices Gains Due To Weakness In Dollar Amid Rising Expectations

Zinc trading range for the day is 199.2-208.4.

Zinc prices gains due to weakness in dollar amid rising expectations of interest rate cuts by the US Federal Reserve.

Prices also seen supported due to an unexpected decline in social inventories of refined zinc.

Senior Chinese and U.S. trade officials spoke ahead of talks between Chinese President Xi Jinping and U.S. President Donald Trump set for later this week.

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