In the late session of the MCX commodities market on 14th May 2026, gold prices edged down to ₹161,784.00, marking a 0.25% decline from the opening level. Silver experienced a sharper drop, falling 2.99% to ₹291,270.00. Crude oil also saw a decline, ending at ₹9,606.00, down 1.08% from its opening price. The movements in precious metals were influenced by cues of USD strength, impacting investor sentiment.
Precious metals
Gold’s trajectory throughout the trading session showed fluctuations, with the price reaching a high of ₹163,055.00 and a low of ₹161,027.00. The gold mini contract followed a similar pattern, closing at ₹161,300.00, a 0.16% decrease from its opening. Silver, which opened at ₹298,373.00, saw a significant drop, hitting a low of ₹286,805.00 before closing at ₹291,270.00.
Energy commodities
Crude oil prices declined to ₹9,606.00, reflecting a 1.08% decrease from the opening price of ₹9,706.00. The commodity reached a high of ₹9,804.00 and a low of ₹9,516.00 during the session. Natural gas, however, showed a slight increase, closing at ₹275.90, up 0.25% from its opening level of ₹272.00.
Base metals
In the base metals segment, copper prices slightly decreased to ₹1,387.25, down 0.83% from the opening. Aluminium saw a marginal decline, closing at ₹385.40, while zinc prices rose by 0.67%, ending the session at ₹367.20.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 161,888.00 | 163,055.00 | 161,027.00 | 161,784.00 | -0.25% |
| Silver | 298,373.00 | 299,000.00 | 286,805.00 | 291,270.00 | -2.99% |
| Crude Oil | 9,706.00 | 9,804.00 | 9,516.00 | 9,606.00 | -1.08% |
| Copper | 1,391.95 | 1,398.20 | 1,380.50 | 1,387.25 | -0.83% |
| Zinc | 363.50 | 371.30 | 361.80 | 367.20 | +0.67% |
| Natural Gas | 272.00 | 278.30 | 268.20 | 275.90 | +0.25% |
| Aluminium | 385.70 | 387.20 | 382.40 | 385.40 | -0.18% |
| Gold Mini | 161,387.00 | 162,389.00 | 159,526.00 | 161,300.00 | -0.16% |
Outlook
As the commodities market progresses, traders will continue to monitor the strength of the US dollar, which has been a significant factor in the movement of precious metals. Additionally, energy market participants will keep an eye on global oil supply dynamics, which could further influence crude oil prices.
Data as on May 14, 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.