DOLLAR ADVISORY MCX ZINC UPDATE OF 24 Nov 2016 - Dollar Advisory | Best Commodity Tips Provider

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Thursday 24 November 2016

DOLLAR ADVISORY MCX ZINC UPDATE OF 24 Nov 2016


Zinc trading range for the day is 172.6-190.6. Zinc gains as LME prices settled up by 2.6 percent at $2,670 on expectations of a pick-up in global manufacturing and infrastructure spending. The brightening economic outlook was further boosted by data showing a jump in consumer sentiment after Donald Trump won the US election. Trump's plans for infrastructure spending, even if successful, would add only modestly to world demand.

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