As the commodities market closed today, gold prices saw a modest increase, reaching ₹152,465.00, marking a 0.22% rise from the opening. Silver prices surged significantly, closing at ₹259,738.00, up by 2.56%. Natural gas also showed notable gains, ending the day at ₹262.90, a 1.74% increase from its opening level. The fluctuations in these commodities were influenced by various market factors, including cues from the USD strength.
Precious metals
Gold experienced a volatile session, with its price trajectory showing significant fluctuations throughout the day. The metal opened at ₹152,000.00, reached a high of ₹153,865.00, and a low of ₹151,602.00, before settling at ₹152,465.00. Meanwhile, silver demonstrated a strong upward movement, opening at ₹254,998.00 and peaking at ₹265,500.00. The gold mini contract closed slightly lower at ₹152,350.00, reflecting a 0.16% increase from its opening price of ₹152,609.00.
Energy commodities
Crude oil faced a downturn, closing at ₹8,946.00, a 0.79% decrease from its opening price of ₹9,087.00. The commodity fluctuated between a high of ₹9,193.00 and a low of ₹8,476.00. In contrast, natural gas showed strength, closing at ₹262.90, up 1.74% from its opening of ₹258.50, with a high of ₹266.00 and a low of ₹253.10.
Base metals
In the base metals segment, copper saw a slight decline, ending at ₹1,304.50, down 0.28% from its opening price of ₹1,294.40. Aluminium also fell, closing at ₹366.60, a 0.85% decrease from its opening of ₹375.05. Zinc, however, remained relatively stable, closing at ₹348.00, a marginal increase of 0.42% from its opening level of ₹347.95.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,000.00 | 153,865.00 | 151,602.00 | 152,465.00 | 0.22% |
| Silver | 254,998.00 | 265,500.00 | 254,722.00 | 259,738.00 | 2.56% |
| Natural Gas | 258.50 | 266.00 | 253.10 | 262.90 | 1.74% |
| Aluminium | 375.05 | 376.70 | 365.10 | 366.60 | -0.85% |
| Crude Oil | 9,087.00 | 9,193.00 | 8,476.00 | 8,946.00 | -0.79% |
| Zinc | 347.95 | 349.95 | 344.70 | 348.00 | 0.42% |
| Copper | 1,294.40 | 1,315.00 | 1,294.40 | 1,304.50 | -0.28% |
| Gold Mini | 152,609.00 | 153,750.00 | 151,850.00 | 152,350.00 | 0.16% |
Outlook
Looking ahead, market participants will closely monitor global economic indicators and currency movements, which could influence commodity prices. The strength of the USD will remain a key factor for precious metals, while energy commodities may react to geopolitical developments and supply dynamics. Base metals will likely be influenced by industrial demand and production trends.
Data as on May 7, 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.