In the commodities market on 15th May 2026, gold prices fell to ₹159,482.00, marking a 1.54% decline from the opening level. Silver also experienced a significant drop, closing at ₹275,883.00, down 5.23% from its opening price. The decline in precious metals comes amid cues of a stronger US dollar, which typically pressures these commodities.
Precious metals
Gold opened at ₹161,888.00 and fluctuated between a high of ₹163,055.00 and a low of ₹158,537.00 throughout the session. The trajectory showed a consistent downward trend, with prices dipping as low as ₹158,900.00 in the afternoon before a slight recovery. Silver, starting at ₹280,000.00, reached a high of ₹283,219.00 but fell to a low of ₹270,380.00, reflecting a volatile trading session. The Gold Mini contract mirrored the main gold contract’s movement, closing at ₹158,940.00, down 1.56% from its open.
Energy commodities
Crude oil prices showed resilience, closing at ₹9,926.00, up 2.08% from the opening level of ₹9,706.00. The session saw crude oil hitting a high of ₹10,112.00 and a low of ₹9,516.00. Natural gas also posted gains, albeit modest, closing at ₹279.10, a 0.61% increase from its opening price of ₹281.00.
Base metals
Copper emerged as the most-moved commodity, closing at ₹1,348.05, a 2.70% decrease from its opening price of ₹1,380.80. The metal traded between a high of ₹1,380.80 and a low of ₹1,340.00. Aluminium and zinc experienced minor declines, with aluminium closing at ₹380.20, down 1.37%, and zinc at ₹364.00, down 0.93% from their respective opening levels.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 161,888.00 | 163,055.00 | 158,537.00 | 159,482.00 | -1.54% |
| Silver | 280,000.00 | 283,219.00 | 270,380.00 | 275,883.00 | -5.23% |
| Copper | 1,380.80 | 1,380.80 | 1,340.00 | 1,348.05 | -2.70% |
| Crude Oil | 9,706.00 | 10,112.00 | 9,516.00 | 9,926.00 | +2.08% |
| Gold Mini | 160,003.00 | 160,349.00 | 158,037.00 | 158,940.00 | -1.56% |
| Aluminium | 381.40 | 385.00 | 378.10 | 380.20 | -1.37% |
| Zinc | 364.35 | 371.30 | 361.15 | 364.00 | -0.93% |
| Natural Gas | 281.00 | 283.80 | 278.50 | 279.10 | +0.61% |
Outlook
The commodities market today was influenced by the strength of the US dollar, impacting precious metals negatively. Energy commodities, particularly crude oil, showed resilience amid market fluctuations. Investors will be watching for further cues from global economic indicators and currency movements, which could influence commodity prices in the coming sessions.
Data as on May 15, 2026, 05:00 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.