Current Nickel Price and Nickel Rate with Chart
Nickel is above all an ingredient: by far the largest part of world production goes into stainless steel, where it provides corrosion resistance together with chromium — the designation 18/10 stands for 18 per cent chromium and 10 per cent nickel. Alongside that, batteries for electric vehicles have grown into a second large customer. The nickel price therefore reads partly as a stainless-steel indicator and partly as a bet on battery chemistry. Here you will find the current nickel price per tonne in euros and US dollars, with the chart, the performance table and a lookup for any past date. One stretch is missing on purpose: during the London trading suspension of 2022 our data provider held the quote at its high and simply repeated it — from 10 March to 26 August there are 122 trading days with only seven different values. That standstill is carried as a gap rather than as a price; what we keep are the two moves that really happened, into the plateau and out of it. The guide below describes the exchange standstill of 2022, where nickel comes from, and why so many people react allergically to it.
Here you see the current Nickel price per tonne in your selected currency, including daily change in percent and absolute.
Below you find the current exchange rate and the price in the second currency. At the bottom are the prices per gram, troy ounce and kilogram.
Tip: When the market is open, the price updates automatically every minute.
Nickel price details →
Source: Spot
Every point on this curve is a recorded Nickel quote from the window you have chosen. Run the pointer along the line and the tooltip reveals the exact level reached on that particular trading day.
The buttons above switch the window, running from Today through to Max. Drag across a stretch of the curve to magnify it. Beneath the chart, three summary cards report the peak, the trough and the net move.
Tip: Choose Today and the series resolves down to a single reading per minute.
(09/11/26)
(06/11/26)
(09/11/26)
(09/11/26)
Name a date and the lookup returns what Nickel was worth on it: the opening and closing levels, the extremes reached in between, and the equivalent figures per gram and per kilogram.
Tip: Pick your date. Should London have been shut that day, the lookup falls back to the closest session it holds.
| 06/11/2026 | GBP | USD |
|---|---|---|
| Open | 12,091.90 £ | 16,258.63 $ |
| High | 12,252.65 £ | 16,361.51 $ |
| Low | 12,043.67 £ | 16,126.81 $ |
| Close | 12,252.65 £ | 16,358.30 $ |
Source: Spot
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Enjoying what you see and read?
We pour our heart into keeping preciousmetalprices.com fast, clean and free — no paywalls, no clutter, just reliable facts and live prices. If it helps you, the nicest way to say thank you is to pass it on. Every share helps a fellow investor discover us and keeps the project going. 💛
Here you can see the current nickel price converted to different weight units: gram, troy ounce (31.1 g) and kilogram.
The second row shows the price in the other currency for comparison.
Tip: A troy ounce is the international trading unit for precious metals and equals 31.1035 grams.
1 Troy Ounce = 31.1035 Grams
The performance table shows how the Nickel price has developed over various time periods: from today to 5 years.
You can see the absolute change in both currencies as well as the percentage change. Green values indicate gain, red values indicate loss.
Tip: Compare the EUR and USD performance to identify the impact of the exchange rate.
| Period | GBP | % GBP | USD | % USD |
|---|---|---|---|---|
| Today | -0.26 £ | +0.00 % | +0.00 $ | +0.00 % |
| 7 Days | +774.83 £ | +5.58 % | +864.86 $ | +5.58 % |
| 30 Days | +685.45 £ | +4.91 % | +765.19 $ | +4.91 % |
| since Jan 1 | -115.49 £ | -0.78 % | -128.60 $ | -0.78 % |
| 1 Year | +1,290.21 £ | +9.65 % | +1,440.35 $ | +9.66 % |
| 5 Years | -2,794.54 £ | -16.01 % | -3,118.62 $ | -16.01 % |
Twenty years of Nickel data, averaged calendar month by calendar month and condensed into a single bar chart.
Bars in green mark months that averaged a gain; those in red averaged a loss.
Tip: Averages describe the past. They carry no promise about the months ahead.
One square per trading session, Monday through Friday, shaded by the daily move in the Nickel price.
Sessions that closed up appear green, sessions that closed down appear red.
Point at a square to read the level and the move behind it.
Here you can find a quick overview of the current prices of the other precious metals. The percentage shows the daily change.
Tip: Click on a metal to go directly to its detail page.
The Greater Part Goes Into Stainless Steel
Nickel is in the first place not a product in its own right but an ingredient. By far the largest part of world production goes into stainless steels, where nickel together with chromium provides the corrosion resistance — the familiar designation 18/10 stands for 18 per cent chromium and 10 per cent nickel.
That makes the nickel price a mirror of the stainless-steel cycle: construction, plant engineering, kitchen and household appliances, chemical apparatus. Wherever things are built rust-free, nickel is consumed.
Alongside that, a second customer has grown in recent years: batteries. In the common cathode chemistries for electric vehicles nickel is the main constituent, and development has moved towards ever higher nickel contents — because that raises energy density.
The Exchange Standstill of 2022
In March 2022 something happened at the London Metal Exchange that had not happened in that form before: the nickel price multiplied within two days, the exchange suspended trading and declared deals that had already been concluded void.
The trigger was a very large short position that had to be covered as prices rose, driving the price further up in the process. When trading was resumed days later, confidence in price formation was damaged, and turnover stayed below its earlier level for a long time.
The episode is visible in our series: at the beginning of March 2022 the dollar quote climbs from around 25,000 to just under 62,000 dollars a tonne, and the decisive move falls on two trading days. After that the provider only repeated the figure: from 10 March to 26 August there are 122 trading days with seven different values and a dispersion of 0.03 per cent, against 6.6 per cent in the same months a year earlier.
We neither smooth that stretch nor fill it with estimated values: the standstill the provider published instead of a market is carried as a gap, so the chart shows no line there rather than a flat one. What we deliberately keep are the two moves that really happened — the climb into the plateau at the beginning of March and the fall out of it on 29 August, from just under 62,000 to 21,500 dollars a tonne. Where exactly the cut runs is a judgement; for any evaluation the 2022 figures should be read with care.
Where Nickel Comes From
Mining is far more concentrated geographically than for aluminium or zinc. Indonesia has greatly expanded its share in recent years, among other things through an export ban on unprocessed ore that was meant to force processors into the country.
That shifts not only quantities but qualities: nickel from laterite ores suits stainless steel well, but not without further work the batteries that need very pure nickel sulphate. The market consequently breaks into segments that can develop differently.
For price formation that means the exchange quote maps a part of the market, not the whole of it. Anyone who needs battery-grade nickel may under some circumstances pay a different price from the one the exchange shows.
The Metal So Many People React Allergically To
Nickel is the most common contact allergen of all. Estimates suggest that a considerable part of the population reacts to it — women distinctly more often than men, which has to do with earrings and costume jewellery.
European rules have therefore long limited how much nickel may be released from objects that have prolonged contact with the skin: jewellery, watch cases, spectacle frames, zips, buttons. It is not the nickel content that is capped but the release.
For precious-metal jewellery that is the reason why white gold is today usually decolourised with palladium rather than with nickel. Anyone who reacts sensitively is on safer ground with platinum or palladium; both are regarded as kind to the skin.