Traders said reduced offtake from consuming industries and a weak global trend in its prices in global markets mainly kept pressure on nickel prices.
Meanwhile, nickel lost 1.4 per cent to USD 14,494 a tonne at the London Metal Exchange.
In the national capital, nickel (4x4) fell by Rs 5 to Rs 1,075-1,076 per kg.
The following are today's metal rates per kg:
Zinc ingot 115-121, nickel plate (4x4) 1,075-1,076 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 437, chadri deshi 285.