Home / Zinc Price
Zinc Price Today
Last updated: April 30, 2026 at 10:00 AM EDT ET · Source: COMEX / LBMA
Calculate Zinc Value
1 Grams (g) of Zinc
$81.34
Spot price: $2,530.00/oz
Rate: 1 USD = 1 USD
Approximate value - excludes taxes, premiums
Exchange rates are indicative. Actual buy/sell prices include dealer premiums. Not financial advice.
Price by Weight
| Unit | USD Price |
|---|---|
| Troy Ounce (oz t) | $2,530.00 |
| Gram (g) | $81.34 |
| Kilogram (kg) | $81,341.33 |
| Tola (10g) | $813.41 |
| Pennyweight (dwt) | $126.50 |
Price by Currency (per troy oz)
| Currency | Price |
|---|---|
| 🇺🇸USD | $2,530.00 |
| 🇨🇦CAD | CA$3,440.80 |
| 🇪🇺EUR | €2,327.60 |
| 🇬🇧GBP | £1,998.70 |
| 🇦🇺AUD | A$3,896.20 |
| 🇨🇭CHF | Fr2,277.00 |
| 🇯🇵JPY | ¥388,355 |
| 🇮🇳INR | ₹211,002 |
Exchange rates are approximate. Source: COMEX / LBMA
About Zinc
Zinc is one of the most essential industrial metals in the global economy, best known for its role in galvanizing — a process that coats steel with a protective zinc layer to prevent rust and corrosion. Approximately 50% of all zinc produced worldwide is used in galvanizing, protecting infrastructure, vehicles, and appliances that would otherwise deteriorate rapidly in outdoor environments.
Like aluminum, zinc prices are benchmarked on the London Metal Exchange (LME) in US dollars per metric ton. The LME zinc contract is a key reference price for miners, steel galvanizers, die casters, and chemical manufacturers globally. China is the world's largest zinc producer and consumer, making Chinese manufacturing activity a critical driver of global price movements.
Beyond galvanizing, zinc is a vital component in die casting (producing precision metal parts for automotive and electronics), brass (a zinc-copper alloy used in plumbing and musical instruments), batteries (including alkaline and zinc-air batteries), rubber vulcanization, and a wide range of chemical and agricultural applications.
Zinc also plays a critical biological role — it is an essential trace element for human health, widely used in dietary supplements and agriculture (zinc fertilizers improve crop yields in zinc-deficient soils). This "nutrition demand" provides structural support for zinc consumption beyond traditional industrial uses.
Supply disruptions at major zinc mines — particularly in Peru, Australia, and China — can cause sharp price spikes, as seen in 2016 when zinc prices nearly doubled following the closure of several large mines. Inventory levels at LME warehouses are closely watched as a real-time indicator of market tightness.
Frequently Asked Questions
What is the zinc spot price?
The zinc spot price is the current market price per metric ton for immediate delivery, as traded on the London Metal Exchange (LME). It is the global reference price used by galvanizers, die casters, and zinc producers for contracts and hedging.
What is zinc galvanizing?
Galvanizing is the process of applying a protective zinc coating to steel or iron to prevent corrosion. It is used extensively in construction (steel beams, roofing), automotive (car bodies), and infrastructure (bridges, guardrails). About half of all zinc produced goes to galvanizing.
What drives zinc prices?
Zinc prices are driven by global steel production (galvanizing demand), Chinese manufacturing activity, mine supply (especially in Peru, Australia, India), LME warehouse inventory levels, and macroeconomic indicators like construction spending and auto sales.
How does zinc compare to aluminum and copper?
All three are base industrial metals traded on the LME. Zinc is primarily a protective metal (galvanizing), while aluminum excels in lightweighting and copper in electrical conductivity. Zinc is typically the cheapest of the three on a per-ton basis.
Can I invest in zinc?
Investors can access zinc through LME futures, industrial metals ETFs, or stocks of zinc producers like Teck Resources, Glencore, and Nyrstar. Direct physical investment is unusual given zinc's low value-to-weight ratio and storage requirements.