You are holding a coil or wire next to a magnet. No current is flowing through it. Why ? Share with your friends Share 1 Pragnil Savjani answered this may be the magnet was having weak field lines or it may be possible that the coil or wire is kept away from the field lines of the magnet. 1 View Full Answer Subham Halder answered this no current is flowing because , flow of current is only possible when we move the magnet or the coil continuously . then the current form will known as induced current. \ 0