In the commodities market this afternoon, gold prices have seen an increase, currently trading at ₹152,920.00, marking a 0.52% rise from the opening level. Silver has also experienced a notable gain, with its price reaching ₹258,806.00, up by 2.19% from the open. Meanwhile, crude oil has faced a decline, currently priced at ₹8,791.00, down by 2.51% from its opening level. The movement in gold and silver prices is often influenced by cues from the strength of the USD, which can impact investor sentiment and demand.
Precious metals
Gold has shown a fluctuating trajectory throughout the session. After opening at ₹152,000.00, it reached a high of ₹153,865.00 and a low of ₹151,602.00. The gold mini contract mirrored this movement, opening at ₹152,609.00 and currently trading at ₹152,888.00, also up by 0.52%. Silver, on the other hand, opened at ₹254,998.00, reached a high of ₹260,183.00, and a low of ₹254,722.00, reflecting its current upward trend.
Energy commodities
Crude oil prices have been under pressure today, opening at ₹9,087.00 and currently trading at ₹8,791.00, after hitting a high of ₹9,094.00 and a low of ₹8,657.00. This represents a significant decrease of 2.51% from the opening. Natural gas has also seen a slight decline, opening at ₹258.50 and currently at ₹256.60, down by 0.70%.
Base metals
In the base metals segment, copper has shown a modest increase, opening at ₹1,294.40 and currently trading at ₹1,311.05, up by 0.22%. Aluminium has experienced a decline, with its price dropping from an open of ₹375.05 to ₹365.15, down by 1.24%. Zinc has remained relatively stable, opening at ₹347.95 and currently at ₹347.25, a slight decrease of 0.20%.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,000.00 | 153,865.00 | 151,602.00 | 152,920.00 | 0.52% |
| Silver | 254,998.00 | 260,183.00 | 254,722.00 | 258,806.00 | 2.19% |
| Crude Oil | 9,087.00 | 9,094.00 | 8,657.00 | 8,791.00 | -2.51% |
| Aluminium | 375.05 | 376.70 | 365.10 | 365.15 | -1.24% |
| Natural Gas | 258.50 | 259.60 | 255.00 | 256.60 | -0.70% |
| Gold Mini | 152,609.00 | 153,750.00 | 152,353.00 | 152,888.00 | 0.52% |
| Copper | 1,294.40 | 1,315.00 | 1,294.40 | 1,311.05 | 0.22% |
| Zinc | 347.95 | 349.95 | 344.70 | 347.25 | 0.20% |
Outlook
As the commodities market progresses, investors will continue to monitor the strength of the USD and its impact on precious metals. Energy commodities, particularly crude oil, may face further volatility depending on global supply and demand dynamics. Base metals will likely be influenced by industrial demand and economic indicators. Market participants should stay alert to these factors as they navigate the commodities landscape.
Data as on May 7, 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.