In the latest session, gold prices climbed to ₹152,219.00, marking a 1.65% increase from the opening level, buoyed by cues of a weaker dollar. Silver also saw a significant rise, closing at ₹253,800.00, up 3.88% from its opening price. However, crude oil experienced a sharp decline, ending the session at ₹9,018.00, a 7.01% drop from its opening.
Precious metals
Gold exhibited a strong performance throughout the day, reaching a high of ₹152,889.00 and a low of ₹151,602.00. The trajectory showed consistent gains, particularly in the afternoon session. Silver mirrored this positive trend, hitting a high of ₹255,409.00. The Gold Mini contract also followed suit, closing at ₹152,145.00, up 1.60% from its opening.
Energy commodities
Crude oil faced a challenging session, with prices falling to a low of ₹8,380.00 before recovering slightly to close at ₹9,018.00. Natural gas also saw a decline, ending at ₹258.60, down 3.15% from the opening level. The energy sector faced headwinds, contributing to the downward pressure on prices.
Base metals
In the base metals segment, copper prices rose to ₹1,308.80, a 1.65% increase from the opening. Aluminium saw a slight decrease, closing at ₹370.05, down 1.19%. Zinc managed a modest gain, ending at ₹346.45, up 0.23% from its opening price.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,000.00 | 152,889.00 | 151,602.00 | 152,219.00 | 1.65% |
| Silver | 249,316.00 | 255,409.00 | 249,316.00 | 253,800.00 | 3.88% |
| Crude Oil | 9,610.00 | 9,644.00 | 8,380.00 | 9,018.00 | -7.01% |
| Natural Gas | 267.00 | 267.00 | 255.60 | 258.60 | -3.15% |
| Copper | 1,294.40 | 1,312.90 | 1,294.40 | 1,308.80 | 1.65% |
| Gold Mini | 150,699.00 | 152,830.00 | 150,699.00 | 152,145.00 | 1.60% |
| Aluminium | 370.35 | 376.70 | 366.90 | 370.05 | -1.19% |
| Zinc | 347.95 | 349.95 | 344.70 | 346.45 | 0.23% |
Outlook
The commodities market continues to be influenced by global economic cues, particularly the strength of the US dollar, which has been a key driver for precious metals. Energy commodities remain volatile, with crude oil facing significant downward pressure. Market participants will be closely watching upcoming economic data releases and geopolitical developments for further direction.
Data as on May 6, 2026, 11:35 PM IST.
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