In the commodities market this afternoon, gold prices have decreased to ₹1,50,189, marking a 0.77% decline from the opening level of ₹1,51,150. Silver has also seen a significant drop, currently priced at ₹2,41,500, down 1.95% from its opening price of ₹2,46,429. The fluctuations in precious metals come amid varying market conditions, with the strength of the US dollar influencing trading behaviours.
Precious metals
Gold opened at ₹1,51,150 and reached a high of ₹1,51,347 before declining to its current level of ₹1,50,189. The low for the session was ₹1,50,050. Silver, which opened at ₹2,46,429, has seen a steady decline throughout the session, reaching a low and current price of ₹2,41,500. The Gold Mini contract also experienced a decrease, opening at ₹1,48,973 and currently trading at ₹1,48,000, a 0.64% drop.
Energy commodities
In the energy sector, crude oil prices have risen to ₹9,830, a 1.71% increase from the opening price of ₹9,685. The commodity reached a high of ₹9,971 and a low of ₹9,516 during the session. Natural gas has shown the most significant movement, surging by 2.46% to ₹271 from an opening price of ₹267, with a high of ₹272.40.
Base metals
Among base metals, copper is currently priced at ₹1,279.45, a slight decrease of 0.21% from its opening price of ₹1,282.95. Aluminium has seen a modest increase, trading at ₹370.65, up 0.47% from its opening level of ₹368.65. Zinc has experienced a minor decline, with current prices at ₹342.10, down 0.38% from the opening.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 1,51,150.00 | 1,51,347.00 | 1,50,050.00 | 1,50,189.00 | -0.77% |
| Silver | 2,46,429.00 | 2,46,429.00 | 2,41,500.00 | 2,41,500.00 | -1.95% |
| Natural Gas | 267.00 | 272.40 | 267.00 | 271.00 | +2.46% |
| Crude Oil | 9,685.00 | 9,971.00 | 9,516.00 | 9,830.00 | +1.71% |
| Gold Mini | 1,48,973.00 | 1,49,259.00 | 1,47,821.00 | 1,48,000.00 | -0.64% |
| Aluminium | 368.65 | 370.80 | 368.20 | 370.65 | +0.47% |
| Zinc | 343.05 | 343.95 | 341.40 | 342.10 | -0.38% |
| Copper | 1,282.95 | 1,286.10 | 1,278.05 | 1,279.45 | -0.21% |
Outlook
As the trading session progresses, market participants will be closely monitoring the movements in the US dollar and its impact on commodity prices. The energy sector, particularly natural gas, remains a focal point due to its significant price surge. Investors will also keep an eye on the base metals for any further shifts in market dynamics.
Data as on May 4, 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.