In the commodities market, gold prices closed at ₹1,49,135, marking a decline of 0.59% from its opening level of ₹1,50,720. Silver also experienced a downturn, ending the session at ₹2,33,443, down 1.64% from its opening. Meanwhile, crude oil prices surged significantly, closing at ₹10,100, reflecting a 6.48% increase from the opening price of ₹9,407. The fluctuations in the commodities market were influenced by various factors, including market demand and supply dynamics.
Precious metals
Gold prices fluctuated throughout the trading session, reaching a high of ₹1,51,527 and a low of ₹1,47,950. The precious metal faced pressure, likely due to cues from the strength of the US dollar. Silver mirrored this trend, with its price trajectory showing significant volatility, peaking at ₹2,38,800 and dipping to a low of ₹2,32,000. The Gold Mini contract also saw a decrease, closing at ₹1,47,589, down 0.64% from its opening of ₹1,48,384.
Energy commodities
Crude oil was the standout performer, closing at ₹10,100, a substantial rise from its opening level. The commodity reached a high of ₹10,219, reflecting strong market demand. Natural gas, however, saw a decline, closing at ₹252.30, down 2.02% from its opening price of ₹255.50, with a session low of ₹250.00.
Base metals
In the base metals segment, copper prices edged slightly higher, closing at ₹1,260.80, a 0.17% increase from the opening. Aluminium and zinc both experienced declines, with aluminium closing at ₹369.55, down 0.51%, and zinc at ₹340.40, down 0.41% from their respective opening prices.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 1,50,720.00 | 1,51,527.00 | 1,47,950.00 | 1,49,135.00 | -0.59% |
| Silver | 2,38,443.00 | 2,38,800.00 | 2,32,000.00 | 2,33,443.00 | -1.64% |
| Crude Oil | 9,407.00 | 10,219.00 | 9,401.00 | 10,100.00 | +6.48% |
| Natural Gas | 255.50 | 257.00 | 250.00 | 252.30 | -2.02% |
| Gold Mini | 1,48,384.00 | 1,48,790.00 | 1,46,369.00 | 1,47,589.00 | -0.64% |
| Aluminium | 379.65 | 380.20 | 369.20 | 369.55 | -0.51% |
| Zinc | 344.40 | 353.80 | 338.10 | 340.40 | -0.41% |
| Copper | 1,267.20 | 1,270.00 | 1,256.00 | 1,260.80 | +0.17% |
Outlook
As the commodities market continues to react to global economic cues, investors will be closely monitoring the movements in the US dollar and geopolitical developments. The performance of energy commodities, particularly crude oil, will be under scrutiny given its recent surge. Market participants should also watch for any changes in demand and supply dynamics that could impact prices in the coming sessions.
Data as on Apr 29, 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.