In the afternoon trading session on the Multi Commodity Exchange (MCX), gold prices have seen a slight decline, currently standing at ₹159,550.00, marking a 0.28% decrease from the opening level of ₹158,974.00. Silver has also experienced a downturn, with prices at ₹271,321.00, down 1.07% from its opening. Meanwhile, crude oil has bucked the trend, rising to ₹9,604.00, a 1.49% increase from its opening price, highlighting its position as the most moved commodity today.

Precious metals

Gold has shown a varied trajectory throughout the session, starting at ₹158,974.00 and reaching a high of ₹160,378.00 before settling at its current level. The precious metal’s movement reflects fluctuations influenced by market dynamics. Silver, opening at ₹272,275.00, hit a high of ₹273,196.00 and a low of ₹269,717.00, indicating a downward trend. The Gold Mini contract is also trading lower at ₹158,890.00, a 0.29% decrease from its opening price of ₹157,362.00.

Energy commodities

Crude oil has shown resilience, currently priced at ₹9,604.00, up 1.49% from its opening of ₹9,599.00. The commodity reached a high of ₹9,656.00, reflecting strong market demand. Natural gas remains relatively stable, with a slight decline to ₹291.40 from its opening of ₹292.20, showing no significant percentage change.

Base metals

In the base metals sector, aluminium is trading higher at ₹390.10, a 1.05% increase from its opening of ₹384.45. Copper has seen a slight decline, currently at ₹1,342.25, down 0.72% from its opening price of ₹1,332.05. Zinc is marginally up at ₹370.30, showing a minimal change of -0.03% from its opening level of ₹366.95.

Commodity Open High Low Current Change %
Gold 158,974.00 160,378.00 157,959.00 159,550.00 -0.28%
Silver 272,275.00 273,196.00 269,717.00 271,321.00 -1.07%
Crude Oil 9,599.00 9,656.00 9,450.00 9,604.00 +1.49%
Aluminium 384.45 390.35 383.50 390.10 +1.05%
Copper 1,332.05 1,355.50 1,332.00 1,342.25 -0.72%
Gold Mini 157,362.00 159,550.00 157,152.00 158,890.00 -0.29%
Zinc 366.95 372.60 365.55 370.30 -0.03%
Natural Gas 292.20 293.30 290.30 291.40 +0.00%

Outlook

The commodities market continues to be influenced by various factors, including global economic conditions and currency fluctuations. Investors are closely watching the movement of the US dollar, which can significantly impact gold and silver prices. As the session progresses, market participants will be keenly observing any developments that could drive further changes in commodity prices.

Data as on May 21, 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.