In the latest trading session, gold prices have risen to ₹153,220.00, marking a 0.72% increase from the opening level of ₹152,000.00. Silver has shown a significant upward movement, reaching ₹263,185.00, which is a 3.92% rise from its opening price of ₹254,998.00. The fluctuations in the market are influenced by various factors, including cues from the US dollar’s strength, which often impacts precious metals like gold and silver.
Precious metals
Gold has experienced a dynamic trading session with its trajectory showing fluctuations throughout the day. It reached a high of ₹153,865.00 and a low of ₹151,602.00. The gold mini variant also saw a rise, closing at ₹153,140.00, up 0.68% from its opening price of ₹152,609.00. Silver, on the other hand, has been on a strong upward trend, peaking at ₹264,540.00 and touching a low of ₹254,722.00.
Energy commodities
Crude oil prices have declined significantly, closing at ₹8,604.00, which represents a 4.58% decrease from the opening price of ₹9,087.00. The commodity saw a high of ₹9,094.00 and a low of ₹8,476.00 during the session. Natural gas also faced a downturn, closing at ₹253.90, down 1.74% from the opening level of ₹258.50.
Base metals
In the base metals category, copper prices have edged up to ₹1,312.90, a 0.36% increase from the opening price of ₹1,294.40. Aluminium has seen a slight decrease, closing at ₹366.70, down 0.82% from its opening level of ₹375.05. Zinc remained relatively stable, ending the session at ₹348.00, a modest 0.42% rise from its opening price of ₹347.95.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,000.00 | 153,865.00 | 151,602.00 | 153,220.00 | 0.72% |
| Silver | 254,998.00 | 264,540.00 | 254,722.00 | 263,185.00 | 3.92% |
| Crude Oil | 9,087.00 | 9,094.00 | 8,476.00 | 8,604.00 | -4.58% |
| Natural Gas | 258.50 | 259.60 | 253.10 | 253.90 | -1.74% |
| Aluminium | 375.05 | 376.70 | 365.10 | 366.70 | -0.82% |
| Gold Mini | 152,609.00 | 153,750.00 | 152,353.00 | 153,140.00 | 0.68% |
| Zinc | 347.95 | 349.95 | 344.70 | 348.00 | 0.42% |
| Copper | 1,294.40 | 1,315.00 | 1,294.40 | 1,312.90 | 0.36% |
Outlook
As the market continues to react to global economic cues, investors are closely monitoring the strength of the US dollar and its impact on commodity prices. The movements in crude oil and natural gas highlight ongoing volatility in the energy sector. Market participants will be keenly observing any developments that could influence these commodities in the coming sessions.
Data as on May 7, 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.