Traders said stockists selling in line with a weak global trend mainly led to the fall in nickel prices.
Meanwhile, nickel for delivery in three months lost 0.9 per cent to USD 14,354 a metric tonne on the London Metal Exchange.
In the national capital, nickel (4x4) fell by Rs Rs 1,070-1,071 per kg.
The following are today's metal rates per kg:
Zinc ingot 117-123, nickel plate (4x4) 1,070-1,071 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 437, chadri deshi 285.
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