In the commodities market on 18th May 2026, gold prices saw a modest increase, closing at ₹159,285.00, marking a 0.47% rise from the opening level of ₹160,790.00. Silver prices also experienced a significant uptick, reaching ₹276,600.00, up by 1.73% from the opening. The movement in precious metals was influenced by market dynamics, with gold showing a varied trajectory throughout the session. Meanwhile, natural gas emerged as the most notable mover, surging by 3.13% to close at ₹292.90.
Precious metals
Gold opened at ₹160,790.00 and fluctuated throughout the day, hitting a high of ₹160,992.00 and a low of ₹157,547.00 before settling at ₹159,285.00. Silver, on the other hand, started the day at ₹267,400.00, reaching a high of ₹280,400.00 and a low of ₹264,949.00, closing at ₹276,600.00. The gold mini contract mirrored the broader gold market, closing at ₹158,880.00, up 0.46% from its opening of ₹157,690.00.
Energy commodities
Crude oil prices saw a moderate increase, closing at ₹9,938.00, a 2.61% rise from the opening price of ₹9,911.00. The day’s trading saw crude oil prices fluctuate between a high of ₹9,998.00 and a low of ₹9,506.00. Natural gas, however, was the standout performer in the energy sector, with prices climbing to ₹292.90 from an opening of ₹281.00, marking a 3.13% increase.
Base metals
In the base metals segment, copper prices declined to ₹1,348.40 from an opening of ₹1,380.80, despite reaching a high of ₹1,380.80 and a low of ₹1,325.10. Aluminium closed slightly lower at ₹381.05, down from its opening of ₹381.40, after trading between a high of ₹385.00 and a low of ₹376.55. Zinc prices showed a slight increase, closing at ₹365.30, up 0.58% from the opening price of ₹365.05.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 160,790.00 | 160,992.00 | 157,547.00 | 159,285.00 | 0.47% |
| Silver | 267,400.00 | 280,400.00 | 264,949.00 | 276,600.00 | 1.73% |
| Natural Gas | 281.00 | 297.30 | 277.70 | 292.90 | 3.13% |
| Crude Oil | 9,911.00 | 9,998.00 | 9,506.00 | 9,938.00 | 2.61% |
| Aluminium | 381.40 | 385.00 | 376.55 | 381.05 | 0.58% |
| Zinc | 365.05 | 367.90 | 359.00 | 365.30 | 0.58% |
| Copper | 1,380.80 | 1,380.80 | 1,325.10 | 1,348.40 | 0.51% |
| Gold Mini | 157,690.00 | 159,803.00 | 157,175.00 | 158,880.00 | 0.46% |
Outlook
The commodities market continues to be influenced by various factors, including currency fluctuations and global economic indicators. Investors will be closely monitoring these elements as they navigate the market. The performance of natural gas highlights the volatility and potential opportunities within the energy sector. Market participants should remain vigilant to shifts in global demand and supply dynamics.
Data as on May 18, 2026, 11:35 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.