In today’s commodities market, gold prices rose to ₹152,801.00, marking a 0.35% increase from the opening level, as the market responded to various cues. Silver also witnessed a significant uptick, climbing to ₹262,120.00, reflecting a 1.38% gain. Copper emerged as the most active commodity, advancing by 1.46% to reach ₹1,323.25, showcasing robust demand in the base metals segment.
Precious metals
Gold experienced a volatile session, with prices fluctuating between a low of ₹152,320.00 and a high of ₹153,103.00. The trajectory of gold throughout the day showed significant movements, with notable peaks at ₹152,978.00 and ₹153,085.00 before settling at the current level. Silver’s performance was similarly strong, reaching a high of ₹265,500.00. Meanwhile, the Gold Mini contract closed at ₹152,753.00, up 0.38% from its opening.
Energy commodities
Crude oil prices declined by 1.13%, closing at ₹8,963.00, after opening at ₹9,044.00. The session saw crude oil prices hit a low of ₹8,866.00. Natural gas, on the other hand, showed a positive trend, closing at ₹266.70, up 1.06% from its opening, with a high of ₹267.60.
Base metals
Copper led the base metals with a strong performance, closing at ₹1,323.25, having reached a high of ₹1,325.80. Aluminium saw a modest increase, closing at ₹369.25, up 0.63% from its opening. Zinc also edged higher, closing at ₹348.15, reflecting a 0.13% increase.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,672.00 | 153,103.00 | 152,320.00 | 152,801.00 | 0.35% |
| Silver | 254,998.00 | 265,500.00 | 254,722.00 | 262,120.00 | 1.38% |
| Copper | 1,305.45 | 1,325.80 | 1,305.45 | 1,323.25 | 1.46% |
| Crude Oil | 9,044.00 | 9,137.00 | 8,866.00 | 8,963.00 | -1.13% |
| Natural Gas | 262.60 | 267.60 | 262.50 | 266.70 | 1.06% |
| Aluminium | 368.50 | 370.20 | 365.10 | 369.25 | 0.63% |
| Gold Mini | 152,634.00 | 153,050.00 | 152,300.00 | 152,753.00 | 0.38% |
| Zinc | 346.75 | 349.65 | 346.75 | 348.15 | 0.13% |
Outlook
The commodities market continues to be influenced by a mix of global economic factors and domestic demand dynamics. Investors are closely monitoring the strength of the US dollar, which plays a crucial role in the pricing of gold and silver. The energy sector’s performance is likely to be impacted by geopolitical developments and supply chain considerations. Market participants will be watching these factors closely in the coming sessions.
Data as on May 8, 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.