In the afternoon session of the commodities market on 5th May 2026, gold prices rose to ₹149,652.00, marking a 0.21% increase from the opening level. Silver also showed positive momentum, trading at ₹245,731.00, up 0.75% from its opening price. The movement in precious metals is influenced by cues of a weaker dollar. Meanwhile, crude oil experienced a decline, trading at ₹9,907.00, down 1.49% from its opening.
Precious metals
Gold opened at ₹149,749.00 and reached a high of ₹149,950.00, with a low of ₹149,228.00 during the session. The trajectory of gold showed fluctuations, peaking early at ₹149,950.00 and then stabilising around the current level. Silver, opening at ₹250,699.00, hit a high of ₹251,231.00 and a low of ₹241,113.00, reflecting its upward trend. The gold mini contract also saw a rise, currently at ₹149,644.00, up 0.21% from its open of ₹149,563.00.
Energy commodities
Crude oil faced a downturn, opening at ₹9,960.00 and reaching a high of ₹10,066.00 before declining to its current level of ₹9,907.00. The low for crude oil was recorded at ₹9,840.00. Natural gas also saw a decrease, trading at ₹270.40, down 1.49% from its opening price of ₹272.00, with a high of ₹273.70 and a low of ₹269.40.
Base metals
In the base metals segment, copper showed a positive trend, currently at ₹1,284.80, up 0.63% from its opening of ₹1,275.05. It reached a high of ₹1,285.60. Aluminium also gained, trading at ₹372.20, a 0.32% increase from its open of ₹368.65, with a high of ₹372.80. Zinc rose to ₹344.70, marking a 0.66% increase from its opening level of ₹343.05, with a high of ₹345.65.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 149,749.00 | 149,950.00 | 149,228.00 | 149,652.00 | 0.21% |
| Silver | 250,699.00 | 251,231.00 | 241,113.00 | 245,731.00 | 0.75% |
| Crude Oil | 9,960.00 | 10,066.00 | 9,840.00 | 9,907.00 | -1.49% |
| Natural Gas | 272.00 | 273.70 | 269.40 | 270.40 | -1.49% |
| Zinc | 343.05 | 345.65 | 341.40 | 344.70 | 0.66% |
| Copper | 1,275.05 | 1,285.60 | 1,275.05 | 1,284.80 | 0.63% |
| Aluminium | 368.65 | 372.80 | 368.20 | 372.20 | 0.32% |
| Gold Mini | 149,563.00 | 149,884.00 | 149,220.00 | 149,644.00 | 0.21% |
Outlook
The commodities market is currently reacting to the strength of the US dollar, which has implications for gold and silver prices. Investors will be closely watching currency movements and global economic indicators for further cues. The energy sector, particularly crude oil, remains sensitive to supply and demand dynamics, which will be key factors to monitor in the coming sessions.
Data as on May 5, 2026, 02:30 PM IST.
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