Gold prices on the MCX rose to ₹1,50,198.00, marking a 0.58% increase from the opening, as the US dollar showed signs of weakening. Silver also saw a positive movement, climbing to ₹2,45,639.00, up by 0.72% from its opening level. Meanwhile, crude oil prices fell significantly to ₹9,768.00, a drop of 2.87% from the opening, highlighting volatility in the energy sector.
Precious metals
Gold experienced a fluctuating session, reaching a high of ₹1,50,440.00 and a low of ₹1,49,228.00. The gold mini contract mirrored this trend, closing at ₹1,50,150.00, up 0.55% from its opening. Silver, despite its gains, faced volatility with a high of ₹2,51,231.00 and a low of ₹2,41,113.00, reflecting the ongoing market dynamics.
Energy commodities
Crude oil prices declined to ₹9,768.00, with the day’s high at ₹10,066.00 and a low of ₹9,735.00. Natural gas also saw a slight decrease, closing at ₹271.40, down 1.13% from its opening, with a high of ₹273.90 and a low of ₹269.40, indicating a mixed performance in the energy sector.
Base metals
Among base metals, copper rose to ₹1,288.25, a 0.90% increase, reaching a high of ₹1,290.00. Aluminium saw a gain of 0.98%, closing at ₹374.65, with a high of ₹375.00. Zinc also performed well, rising by 1.01% to ₹345.90, with a high of ₹346.35, showcasing strength in the base metals segment.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 149,749.00 | 150,440.00 | 149,228.00 | 150,198.00 | 0.58% |
| Silver | 250,699.00 | 251,231.00 | 241,113.00 | 245,639.00 | 0.72% |
| Crude Oil | 9,960.00 | 10,066.00 | 9,735.00 | 9,768.00 | -2.87% |
| Natural Gas | 272.00 | 273.90 | 269.40 | 271.40 | -1.13% |
| Zinc | 343.05 | 346.35 | 341.40 | 345.90 | 1.01% |
| Aluminium | 368.65 | 375.00 | 368.20 | 374.65 | 0.98% |
| Copper | 1,275.05 | 1,290.00 | 1,275.05 | 1,288.25 | 0.90% |
| Gold Mini | 149,563.00 | 150,400.00 | 149,220.00 | 150,150.00 | 0.55% |
Outlook
The commodities market today was influenced by the weakening US dollar, which provided support to precious metals like gold and silver. Energy commodities, however, faced downward pressure, particularly crude oil. Investors will continue to monitor currency movements and global economic indicators for further cues.
Data as on May 5, 2026, 07:30 PM IST.
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