In the latest commodities market update, gold prices have risen to ₹152,912.00, reflecting a 0.51% increase from the opening level. Silver also saw a notable rise, climbing 3.03% to ₹260,927.00. Meanwhile, crude oil experienced a significant decline, dropping 3.42% to ₹8,709.00, marking it as the most-moved commodity of the session.
Precious metals
Gold opened at ₹152,000.00 and reached a high of ₹153,865.00 before settling at ₹152,912.00. The trajectory throughout the session showed fluctuations, with notable movements around midday. Silver, opening at ₹254,998.00, hit a high of ₹261,500.00 and closed at ₹260,927.00, benefiting from a weaker dollar. The Gold Mini contract followed a similar pattern, closing at ₹152,857.00, up 0.50% from its opening of ₹152,609.00.
Energy commodities
Crude oil faced a downward trend, opening at ₹9,087.00 and declining to a low of ₹8,657.00 before closing at ₹8,709.00. Natural gas also saw a slight decrease, closing at ₹257.00, down 0.54% from its opening of ₹258.50.
Base metals
In the base metals segment, copper prices increased by 0.41% to ₹1,313.50, having opened at ₹1,294.40. Aluminium saw a decline, closing at ₹366.75, down 0.81% from its opening of ₹375.05. Zinc experienced a modest decrease, ending the session at ₹347.40, slightly down by 0.25% from its opening of ₹347.95.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,000.00 | 153,865.00 | 151,602.00 | 152,912.00 | 0.51% |
| Silver | 254,998.00 | 261,500.00 | 254,722.00 | 260,927.00 | 3.03% |
| Crude Oil | 9,087.00 | 9,094.00 | 8,657.00 | 8,709.00 | -3.42% |
| Aluminium | 375.05 | 376.70 | 365.10 | 366.75 | -0.81% |
| Natural Gas | 258.50 | 259.60 | 255.00 | 257.00 | -0.54% |
| Gold Mini | 152,609.00 | 153,750.00 | 152,353.00 | 152,857.00 | 0.50% |
| Copper | 1,294.40 | 1,315.00 | 1,294.40 | 1,313.50 | 0.41% |
| Zinc | 347.95 | 349.95 | 344.70 | 347.40 | -0.25% |
Outlook
As the commodities market continues to react to global cues, the fluctuations in gold and silver prices are influenced by the strength of the US dollar. Energy commodities, particularly crude oil, are experiencing volatility due to varying demand and supply dynamics. Investors should monitor these trends closely as they may impact future market movements.
Data as on May 7, 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.