In the latest trading session, gold prices on the Multi Commodity Exchange (MCX) closed at ₹159,136.00, reflecting a slight decline of 0.17% from its opening level of ₹159,899.00. Silver also experienced a downturn, closing at ₹270,407.00, marking a 2.26% decrease from its opening price of ₹267,400.00. The fluctuations in these precious metals come amid varying cues from the strength of the US dollar, which often inversely affects gold and silver prices.

Precious metals

Gold’s trajectory throughout the day showed significant volatility, with prices reaching a high of ₹160,200.00 and a low of ₹158,420.00. The gold mini contract mirrored this trend, closing at ₹158,362.00, down 0.34% from its opening of ₹159,008.00. Silver, despite its decline, touched a high of ₹280,400.00 during the session, indicating some intra-day strength before settling lower.

Energy commodities

In the energy sector, natural gas emerged as the standout performer, closing at ₹300.20, a 2.63% increase from its opening of ₹290.40. This upward movement was supported by reaching a session high of ₹300.40. Crude oil also saw gains, closing at ₹10,020.00, up 0.97% from its opening level of ₹9,919.00, with a high of ₹10,150.00.

Base metals

Among base metals, aluminium closed at ₹384.85, up 0.96% from its opening price of ₹376.55, reaching a high of ₹386.55. Copper, however, saw a slight decline, ending the session at ₹1,337.80, down 0.78% from its opening of ₹1,342.00. Zinc showed modest gains, closing at ₹366.55, up 0.38% from its opening level of ₹362.05.

Commodity Open High Low Current Change %
Gold 159,899.00 160,200.00 158,420.00 159,136.00 -0.17%
Silver 267,400.00 280,400.00 264,949.00 270,407.00 -2.26%
Natural Gas 290.40 300.40 287.10 300.20 +2.63%
Crude Oil 9,919.00 10,150.00 9,901.00 10,020.00 +0.97%
Aluminium 376.55 386.55 376.55 384.85 +0.96%
Copper 1,342.00 1,348.20 1,334.65 1,337.80 -0.78%
Zinc 362.05 367.90 359.00 366.55 +0.38%
Gold Mini 159,008.00 159,489.00 157,807.00 158,362.00 -0.34%

Outlook

As the commodities market continues to react to global economic indicators, traders will be closely monitoring the strength of the US dollar and its impact on precious metals. Energy commodities like natural gas and crude oil may see further volatility based on geopolitical developments and supply-demand dynamics. Base metals are expected to remain sensitive to industrial demand and macroeconomic trends.

Data as on May 19, 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.