In the commodities market today, gold prices closed at ₹152,589.00, marking a 0.22% increase from the opening level of ₹152,672.00. Silver also showed strength, ending the session at ₹261,999.00, up 1.34% from its opening price of ₹254,998.00. Copper emerged as the most significant mover, climbing 1.62% to close at ₹1,325.40, reflecting robust demand in the base metals segment.
Precious metals
Gold experienced a volatile trading session, reaching a high of ₹153,440.00 and a low of ₹152,199.00. The precious metal’s trajectory showed fluctuations throughout the day, with notable peaks and troughs. Silver, on the other hand, maintained a more consistent upward trend, peaking at ₹265,500.00 and bottoming out at ₹254,722.00. The gold mini contract mirrored the movements of its larger counterpart, closing at ₹152,490.00, slightly down from its opening of ₹152,634.00.
Energy commodities
Crude oil prices saw a slight decline, closing at ₹9,022.00, a 0.47% drop from the opening price of ₹9,044.00. The commodity traded between a high of ₹9,137.00 and a low of ₹8,866.00. Natural gas also faced downward pressure, ending the day at ₹260.20, down 1.40% from its opening level of ₹262.60, with a session low matching its closing price.
Base metals
Copper led the gains in the base metals category, closing at ₹1,325.40 after opening at ₹1,305.45. Aluminium saw a modest increase, ending at ₹368.25, up 0.35% from its opening of ₹368.50. Zinc also posted gains, closing at ₹348.40, a 0.20% rise from its opening price of ₹346.75.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,672.00 | 153,440.00 | 152,199.00 | 152,589.00 | 0.22% |
| Silver | 254,998.00 | 265,500.00 | 254,722.00 | 261,999.00 | 1.34% |
| Copper | 1,305.45 | 1,328.00 | 1,305.45 | 1,325.40 | 1.62% |
| Natural Gas | 262.60 | 269.20 | 260.20 | 260.20 | -1.40% |
| Crude Oil | 9,044.00 | 9,137.00 | 8,866.00 | 9,022.00 | -0.47% |
| Aluminium | 368.50 | 370.20 | 365.10 | 368.25 | 0.35% |
| Gold Mini | 152,634.00 | 153,350.00 | 152,200.00 | 152,490.00 | 0.21% |
| Zinc | 346.75 | 349.65 | 346.75 | 348.40 | 0.20% |
Outlook
As the commodities market closes, investors will be closely watching the movements in the US dollar, which could influence the prices of gold and silver. Additionally, the demand for base metals like copper remains a key factor to monitor, given its significant gains today. Energy commodities may continue to face pressure, with crude oil and natural gas both showing declines in today’s session.
Data as on May 8, 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.