In the latest trading session on the Multi Commodity Exchange (MCX), gold prices rose to ₹152,576.00, marking a 1.89% increase from the opening level, supported by cues of a weaker dollar. Silver also experienced a significant rise, reaching ₹254,427.00, up 4.14% from its opening price. Meanwhile, crude oil saw a sharp decline, closing at ₹8,494.00, a decrease of 12.41% from its opening.
Precious metals
Gold showed a steady upward trajectory throughout the trading session, with its price peaking at ₹152,889.00 and a low of ₹151,653.00. The gold mini contract mirrored this trend, closing at ₹152,554.00, up 1.87% from its opening. Silver’s performance was robust, with prices moving from an opening of ₹249,316.00 to a high of ₹255,409.00, reflecting strong investor interest.
Energy commodities
Crude oil faced a challenging session, dropping to a low of ₹8,380.00 before settling at ₹8,494.00, reflecting a significant 12.41% decline from its opening. Natural gas also saw a decrease, closing at ₹257.30, down 3.63% from its opening price of ₹267.00.
Base metals
Among base metals, copper prices increased to ₹1,311.35, up 1.85% from the opening. Aluminium, however, experienced a decline, closing at ₹368.50, down 1.60%. Zinc remained relatively stable, closing slightly lower at ₹347.65, a 0.58% decrease.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,000.00 | 152,889.00 | 151,653.00 | 152,576.00 | 1.89% |
| Silver | 249,316.00 | 255,409.00 | 249,316.00 | 254,427.00 | 4.14% |
| Crude Oil | 9,610.00 | 9,644.00 | 8,380.00 | 8,494.00 | -12.41% |
| Natural Gas | 267.00 | 267.00 | 255.70 | 257.30 | -3.63% |
| Gold Mini | 150,699.00 | 152,830.00 | 150,699.00 | 152,554.00 | 1.87% |
| Copper | 1,294.40 | 1,312.90 | 1,294.40 | 1,311.35 | 1.85% |
| Aluminium | 370.35 | 376.70 | 366.90 | 368.50 | -1.60% |
| Zinc | 347.95 | 349.95 | 346.85 | 347.65 | 0.58% |
Outlook
As the commodities market continues to react to global economic cues, the strength of the US dollar remains a key factor influencing precious metals. Energy commodities are likely to remain volatile, with crude oil prices under pressure from supply dynamics. Base metals may see varied movement depending on industrial demand and geopolitical developments.
Data as on May 6, 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.