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Nickel Price Today — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Nickel Price Today in India, Straight Answer
Nickel price today in India works out to ₹1,410.57 per kilogram, built from a live per-gram reading of ₹1.41 as of September 17, 2026. That is the number a stainless steel buyer, an alloy fabricator or a curious trader is actually looking for when they type "nickel rate today" into a search bar. Nobody in the physical trade quotes nickel by the gram — it moves by the kilogram and the tonne — so this page leads with both.
The rate you see here tracks the international nickel benchmark set on the London Metal Exchange, converted into rupees at the prevailing USD/INR rate. It does not include the extra layers — import duty, freight, dealer margin — that show up on an actual industrial invoice, but it is the reference point everyone downstream negotiates against.
- 1 gram: ₹1.41
- 10 grams: ₹14.11
- 100 grams: ₹141.06
- 1 kilogram: ₹1,410.57
Keep an eye on the daily change figure in the hero panel above. A single day's move rarely tells the whole story on its own, but a run of moves in the same direction usually does.
Nickel Price Today by Weight
Today's Nickel rate is One Rupees per gram. At this rate, 10 grams of Nickel costs Fourteen Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹1.41 | One Rupees |
| 8 Grams | 8.0000 g | ₹11.28 | Eleven Rupees |
| 10 Grams | 10.0000 g | ₹14.11 | Fourteen Rupees |
| 100 Grams | 100.0000 g | ₹141.06 | One Hundred and Forty One Rupees |
| 1 Kilogram | 1,000.0000 g | ₹1,410.57 | One Thousand Four Hundred and Eleven Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹39.99 | Forty Rupees |
| 1 Troy Ounce | 31.1035 g | ₹43.87 | Forty Four Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹1,410,573.00 | Fourteen Lakh Ten Thousand Five Hundred and Seventy Three Rupees |
Why Today's Nickel Rate Looks the Way It Does
Two demand stories sit underneath every nickel quote. The older, still-larger one is stainless steel — nickel is the alloying ingredient that gives stainless steel its corrosion resistance, and that use case alone accounts for the bulk of global nickel consumption. The newer story is the cathode material inside nickel-rich lithium-ion battery chemistries, often referred to in the industry as NMC or NCA. Growth in electric vehicles has made this the demand line everyone watches for the next decade, even though it is still smaller than the stainless steel side today.
Supply is unusually concentrated
Indonesia has become by far the largest nickel-producing country, after years of heavy investment in domestic smelting and processing capacity. The Philippines, Russia, Canada and Australia round out the list of meaningful producers, but none come close to Indonesia's current share. That concentration matters for a simple reason: a policy change or a supply disruption in one country can move the global price far more than it would for a metal with a more evenly spread supply base.
Currency also plays its usual role. A weaker rupee against the dollar pushes the India-side rate higher even when the underlying LME nickel price sits flat, and a stronger rupee works the other way. That is why the daily rate here can move even on a day when the international benchmark barely twitches.
Nickel Price Today — Last 10 Days
The most recent Nickel price on record (2026-09-17) is One Rupees per gram.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹1.41 | +0.00 |
| 2026-09-16 | ₹1.41 | +0.01 |
| 2026-09-15 | ₹1.39 | -0.03 |
| 2026-09-14 | ₹1.43 | -0.01 |
| 2026-09-13 | ₹1.44 | +0.00 |
| 2026-09-12 | ₹1.43 | +0.00 |
| 2026-09-11 | ₹1.43 | -0.02 |
| 2026-09-10 | ₹1.45 | -0.01 |
| 2026-09-09 | ₹1.46 | +0.01 |
| 2026-09-08 | ₹1.45 | — |
Reading Today's Number in Context
A single day's nickel price is a snapshot, not a story. The comparison card above sets today against yesterday, a week ago, a month ago and a year ago — that is a better way to judge whether the market is drifting, trending, or simply noisy on a given day. The 10-day history table below adds the day-by-day detail behind that comparison.
For a longer view — including the real, well-documented short squeeze that hit nickel in March 2022, when the LME suspended trading in the metal for the first time in decades — the full price history page linked from the table below carries the year-by-year record. That event is worth understanding on its own terms rather than as a footnote here.
Whatever brought you to this page today, the honest advice is the same one that applies to most industrial commodities: watch the trend, not the tick. One day's rate rarely changes a procurement decision. A week or a month of consistent direction usually does.
Nickel Price Today in India — FAQs
Nickel price today in India works out to ₹1,410.57 per kilogram, based on a live per-gram benchmark of ₹1.41 as of September 17, 2026. The figure tracks international nickel pricing converted into rupees.
Nickel trades industrially by the kilogram and tonne, not the gram — unlike gold or silver, nobody buys nickel in small retail weights. This page shows both so you can compare against gram-based benchmarks elsewhere and still work in the unit the physical market actually uses.
The starting point is the international nickel benchmark set on the London Metal Exchange (LME), which then gets converted through the prevailing USD/INR exchange rate. Domestic demand from stainless steel producers and alloy makers, plus import costs, shape the final number Indian buyers actually see.
Nickel sits at the crossing point of two very different demand stories — old-economy stainless steel and newer EV battery cathode chemistries — plus a supply base that is unusually concentrated in one country, Indonesia. That combination has historically made it one of the more headline-prone base metals, the March 2022 LME trading suspension being the starkest example.
Not really. There is no retail bullion market for nickel — no coins, no bars sold to individual buyers. Exposure for most people comes through mining or metals company shares, exchange-traded funds with metals exposure, or industrial supply contracts, not a walk-in purchase.
