In the late session of the commodities market, gold prices climbed to ₹151,111.00, marking a 1.38% increase from the opening level of ₹149,499.00. The rise in gold prices can be attributed to cues from a weaker dollar, which typically boosts demand for the precious metal. Silver also saw a significant rise, maintaining a steady level at ₹238,617.00, up 2.32% from its opening price of ₹235,102.00. These movements reflect the ongoing volatility in the commodities market.
Precious metals
Gold experienced a session high of ₹151,890.00 and a low of ₹149,069.00, showcasing a dynamic trading range. Silver, on the other hand, remained stable throughout the day, consistently holding at ₹238,617.00 after opening at ₹235,102.00. The Gold Mini contract also saw an upward movement, closing at ₹148,682.00, which is 0.83% higher than its opening price of ₹147,850.00.
Energy commodities
Crude oil prices remained unchanged from the opening level of ₹10,300.00, closing at ₹9,867.00 after reaching a high of ₹10,571.00 and a low of ₹9,820.00. Natural gas, however, showed no percentage change from its opening price of ₹252.80, closing at ₹263.10, with a high of ₹266.40 and a low of ₹248.20.
Base metals
Among base metals, zinc was the most notable mover, closing at ₹343.45, which is a 1.21% increase from its opening price of ₹341.25. Copper and aluminium saw modest gains, with copper closing at ₹1,280.55, up 0.41% from its opening, and aluminium closing at ₹365.95, a 0.36% increase from its opening level.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 149,499.00 | 151,890.00 | 149,069.00 | 151,111.00 | 1.38% |
| Silver | 235,102.00 | 240,876.00 | 234,228.00 | 238,617.00 | 2.32% |
| Zinc | 341.25 | 344.00 | 338.60 | 343.45 | 1.21% |
| Gold Mini | 147,850.00 | 149,989.00 | 147,461.00 | 148,682.00 | 0.83% |
| Copper | 1,279.50 | 1,287.50 | 1,273.00 | 1,280.55 | 0.41% |
| Aluminium | 365.45 | 367.10 | 363.50 | 365.95 | 0.36% |
| Crude Oil | 10,300.00 | 10,571.00 | 9,820.00 | 9,867.00 | 0.00% |
| Natural Gas | 252.80 | 266.40 | 248.20 | 263.10 | 0.00% |
Outlook
The commodities market continues to be influenced by the strength of the US dollar, impacting gold and silver prices. Investors should monitor currency fluctuations and geopolitical developments that could further affect market trends. Base metals like zinc have shown resilience, suggesting potential opportunities in that segment. As the market remains volatile, traders are advised to keep a close watch on global economic indicators.
Data as on May 1, 2026, 10:00 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.