In the afternoon trading session on the Multi Commodity Exchange (MCX), gold prices have risen to ₹152,789.00, marking a 0.35% increase from the opening level. Silver also shows a significant upward movement, reaching ₹261,100.00, up by 0.99% from its opening price. The commodities market is witnessing notable activity, with copper emerging as the most-moved commodity, surging 1.48% to ₹1,323.50.
Precious metals
Gold has experienced a fluctuating session, opening at ₹152,672.00 and reaching a high of ₹153,103.00. The metal’s trajectory included a dip to a low of ₹152,320.00 before stabilising at its current level. Silver has shown a more consistent upward trend, opening at ₹254,998.00 and peaking at ₹265,500.00. The gold mini contract also saw a modest increase, currently priced at ₹152,700.00, up 0.34% from its opening.
Energy commodities
Crude oil prices have declined, currently trading at ₹8,942.00, down 1.36% from the opening price of ₹9,044.00. The session saw crude oil reach a high of ₹9,137.00 and a low of ₹8,891.00. Meanwhile, natural gas is trading positively, with a current price of ₹266.30, reflecting a 0.91% increase from its opening level of ₹262.60.
Base metals
Copper has led the base metals with a significant rise to ₹1,323.50, marking a 1.48% increase from its opening price of ₹1,305.45. Aluminium is trading slightly higher at ₹369.20, up 0.61% from the opening. Zinc has shown minimal movement, currently at ₹347.90, a slight increase of 0.06% from its opening price.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,672.00 | 153,103.00 | 152,320.00 | 152,789.00 | 0.35% |
| Silver | 254,998.00 | 265,500.00 | 254,722.00 | 261,100.00 | 0.99% |
| Copper | 1,305.45 | 1,325.80 | 1,305.45 | 1,323.50 | 1.48% |
| Crude Oil | 9,044.00 | 9,137.00 | 8,891.00 | 8,942.00 | -1.36% |
| Natural Gas | 262.60 | 267.60 | 262.50 | 266.30 | 0.91% |
| Aluminium | 368.50 | 370.20 | 365.10 | 369.20 | 0.61% |
| Gold Mini | 152,634.00 | 153,050.00 | 152,300.00 | 152,700.00 | 0.34% |
| Zinc | 346.75 | 349.65 | 346.75 | 347.90 | 0.06% |
Outlook
The commodities market is currently influenced by various factors, including global economic cues and currency fluctuations. Investors are closely monitoring the strength of the US dollar, which often impacts the pricing of precious metals like gold and silver. As the session progresses, market participants will likely focus on potential developments in the energy sector and any shifts in demand for base metals.
Data as on May 8, 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.