In today’s trading session on the Multi Commodity Exchange, gold prices edged higher to ₹159,290.00, marking a 0.13% increase from the opening level. Silver also saw an upward movement, reaching ₹271,601.00, up by 0.55% from its open. The market continues to react to geopolitical tensions, particularly the recent pause in the West Asia crisis following Trump’s Iran strike announcement. Meanwhile, crude oil prices declined to ₹9,898.00, reflecting a 1.29% decrease from the opening price.
Precious metals
Gold experienced a volatile session, with prices fluctuating between a high of ₹160,378.00 and a low of ₹157,959.00. Despite the initial dip, the precious metal managed to recover, supported by cues of a weaker USD. Silver followed a similar trajectory, trading within a range of ₹266,850.00 to ₹274,190.00. The Gold Mini contract also showed a slight increase, closing at ₹158,642.00, up 0.14% from its opening.
Energy commodities
Crude oil prices faced downward pressure, closing at ₹9,898.00, a 1.29% drop from the opening level of ₹10,083.00. The commodity traded between a high of ₹10,104.00 and a low of ₹9,780.00. Natural gas also saw a decline, ending the session at ₹297.50, down 0.63% from its open.
Base metals
In the base metals segment, copper prices rose to ₹1,346.50, reflecting a 0.67% increase. Aluminium also gained, closing at ₹386.10, up 0.44%. Zinc recorded the highest percentage gain among base metals, ending at ₹369.80, up 0.96% from its opening price.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 158,974.00 | 160,378.00 | 157,959.00 | 159,290.00 | 0.13% |
| Silver | 267,230.00 | 274,190.00 | 266,850.00 | 271,601.00 | 0.55% |
| Crude Oil | 10,083.00 | 10,104.00 | 9,780.00 | 9,898.00 | -1.29% |
| Zinc | 366.95 | 370.45 | 365.55 | 369.80 | 0.96% |
| Copper | 1,332.05 | 1,347.80 | 1,332.00 | 1,346.50 | 0.67% |
| Natural Gas | 300.00 | 303.40 | 294.70 | 297.50 | -0.63% |
| Aluminium | 381.00 | 386.85 | 379.00 | 386.10 | 0.44% |
| Gold Mini | 157,362.00 | 158,979.00 | 157,152.00 | 158,642.00 | 0.14% |
Outlook
As the market continues to assess the implications of geopolitical developments, particularly in West Asia, traders should remain vigilant. The impact of these events on the USD strength and subsequent commodity pricing will be crucial to monitor. Additionally, fluctuations in energy prices may influence broader market trends in the coming days.
Data as on May 20, 2026, 07:30 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.