In the evening session of the commodities market on 21 May 2026, gold prices experienced a decline, settling at ₹159,253.00, marking a 0.47% drop from its opening level of ₹158,974.00. Silver also saw a decrease, closing at ₹270,278.00, down 1.45% from its opening price of ₹272,275.00. Meanwhile, crude oil emerged as the most notable mover, climbing 2.77% to ₹9,725.00 from its opening price of ₹9,599.00, reflecting strong market dynamics.
Precious metals
Gold’s trajectory throughout the session showed fluctuations, with prices reaching a high of ₹160,378.00 and a low of ₹157,959.00. The precious metal’s movement was influenced by various market cues, including USD strength. Silver followed a similar pattern, with its high and low recorded at ₹273,196.00 and ₹269,601.00, respectively. The gold mini contract also saw a decline, closing at ₹158,686.00 from an opening of ₹157,362.00, despite reaching a high of ₹159,550.00.
Energy commodities
Crude oil prices surged significantly, closing at ₹9,725.00, a 2.77% increase from the opening. The commodity hit a high of ₹9,787.00 and a low of ₹9,384.00 during the session. Natural gas, however, saw a slight decrease, closing at ₹291.10, down 0.10% from its opening price of ₹292.20, with a high of ₹293.30 and a low of ₹289.20.
Base metals
In the base metals segment, copper prices closed at ₹1,341.85, reflecting a 0.75% decline from its opening level of ₹1,332.05. Aluminium prices increased by 0.87%, closing at ₹389.40 from an opening of ₹384.45, with a high of ₹390.90. Zinc prices also saw a slight increase, ending the session at ₹369.10, up 0.35% from the opening price of ₹366.95.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 158,974.00 | 160,378.00 | 157,959.00 | 159,253.00 | -0.47% |
| Silver | 272,275.00 | 273,196.00 | 269,601.00 | 270,278.00 | -1.45% |
| Crude Oil | 9,599.00 | 9,787.00 | 9,384.00 | 9,725.00 | +2.77% |
| Aluminium | 384.45 | 390.90 | 383.50 | 389.40 | +0.87% |
| Copper | 1,332.05 | 1,355.50 | 1,332.00 | 1,341.85 | -0.75% |
| Gold Mini | 157,362.00 | 159,550.00 | 157,152.00 | 158,686.00 | -0.42% |
| Zinc | 366.95 | 372.60 | 365.55 | 369.10 | -0.35% |
| Natural Gas | 292.20 | 293.30 | 289.20 | 291.10 | -0.10% |
Outlook
The commodities market continues to be influenced by global economic indicators and currency fluctuations, particularly the strength of the USD, which impacts precious metals like gold and silver. Investors will be closely watching these factors as they navigate the market dynamics in the coming days.
Data as on May 21, 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.