In the commodities market this afternoon, gold prices have risen to ₹159,084.00, marking a 0.34% increase from the opening level. Silver also shows strength, climbing to ₹273,099.00, a 0.45% rise from its opening. The movement in these precious metals is influenced by cues from the US dollar’s performance. Meanwhile, natural gas emerges as the standout performer, surging by 3.06% to ₹292.70, reflecting significant activity in the energy sector.
Precious metals
Gold opened at ₹160,790.00 and reached a high of ₹160,992.00, with a low of ₹157,547.00 during the session. The trajectory of gold prices showed fluctuations, with notable levels at 09:00 with ₹158,547.00 and a peak at 13:00 with ₹159,082.00. Silver, starting at ₹267,400.00, hit a high of ₹274,145.00 and a low of ₹264,949.00, closing the session at ₹273,099.00. The gold mini contract also saw an increase, currently priced at ₹158,674.00, up 0.33% from its opening of ₹157,690.00.
Energy commodities
In the energy sector, crude oil prices are slightly down, currently at ₹9,843.00, a decrease from its opening of ₹9,911.00, despite reaching a high of ₹9,994.00. Natural gas, however, has shown a robust performance, opening at ₹281.00 and climbing to a high of ₹293.50, closing at ₹292.70, marking a significant 3.06% increase.
Base metals
Among base metals, copper has experienced a decline, currently priced at ₹1,336.45, down 0.38% from its opening of ₹1,380.80. Aluminium is slightly down at ₹380.85, with a minor decrease from its opening of ₹381.40. Zinc, on the other hand, has seen a modest rise, currently at ₹365.75, up 0.70% from its opening of ₹365.05.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 160,790.00 | 160,992.00 | 157,547.00 | 159,084.00 | 0.34% |
| Silver | 267,400.00 | 274,145.00 | 264,949.00 | 273,099.00 | 0.45% |
| Natural Gas | 281.00 | 293.50 | 277.70 | 292.70 | 3.06% |
| Crude Oil | 9,911.00 | 9,994.00 | 9,805.00 | 9,843.00 | 1.63% |
| Zinc | 365.05 | 366.75 | 359.00 | 365.75 | 0.70% |
| Aluminium | 381.40 | 385.00 | 376.55 | 380.85 | 0.53% |
| Copper | 1,380.80 | 1,380.80 | 1,325.10 | 1,336.45 | -0.38% |
| Gold Mini | 157,690.00 | 158,826.00 | 157,175.00 | 158,674.00 | 0.33% |
Outlook
As the session progresses, market participants will be closely monitoring the US dollar’s movements, which continue to influence precious metals. Energy commodities, particularly natural gas, are expected to remain in focus due to their significant price movements. Base metals may see further fluctuations depending on global industrial demand and supply chain developments.
Data as on May 18, 2026, 02:30 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.