In today’s commodities trading, gold prices have risen to ₹153,156.00, marking a 0.59% increase from the opening level. Silver also experienced a significant uptick, reaching ₹264,228.00, up by 2.20% from its opening price. The movements in precious metals come amid broader market dynamics, with copper leading the base metals with a notable gain of 1.74%, closing at ₹1,326.95.
Precious metals
Gold has shown a steady upward trajectory throughout the trading session, opening at ₹152,672.00 and reaching a high of ₹153,298.00. The metal’s lowest point was ₹152,320.00. Silver, meanwhile, opened at ₹254,998.00 and surged to a high of ₹265,500.00, with a low of ₹254,722.00. The gold mini contract also mirrored the movement of its larger counterpart, closing at ₹153,045.00, up 0.57% from its opening.
Energy commodities
Crude oil prices saw a decline, closing at ₹8,926.00, down 1.53% from the opening price of ₹9,044.00. The commodity reached a high of ₹9,137.00 and a low of ₹8,866.00 during the session. Natural gas, however, moved upwards, closing at ₹267.60, a 1.40% increase from its opening level of ₹262.60, with a high of ₹269.20 and a low of ₹261.90.
Base metals
Copper led the base metals with a strong performance, closing at ₹1,326.95, up from an opening of ₹1,305.45. The metal reached a high of ₹1,328.00. Aluminium and zinc also posted gains, with aluminium closing at ₹369.00, up 0.56%, and zinc at ₹348.80, up 0.32% from their respective opening prices.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,672.00 | 153,298.00 | 152,320.00 | 153,156.00 | 0.59% |
| Silver | 254,998.00 | 265,500.00 | 254,722.00 | 264,228.00 | 2.20% |
| Copper | 1,305.45 | 1,328.00 | 1,305.45 | 1,326.95 | 1.74% |
| Crude Oil | 9,044.00 | 9,137.00 | 8,866.00 | 8,926.00 | -1.53% |
| Natural Gas | 262.60 | 269.20 | 261.90 | 267.60 | 1.40% |
| Gold Mini | 152,634.00 | 153,200.00 | 152,300.00 | 153,045.00 | 0.57% |
| Aluminium | 368.50 | 370.20 | 365.10 | 369.00 | 0.56% |
| Zinc | 346.75 | 349.65 | 346.75 | 348.80 | 0.32% |
Outlook
As the market progresses, traders will be closely watching the movements in the US dollar, which often influences the pricing of gold and silver. Additionally, the performance of energy commodities like crude oil and natural gas will be key factors to monitor, given their recent volatility. Base metals, particularly copper, continue to show strength, suggesting potential opportunities in the sector.
Data as on May 8, 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.