In the late session of the commodities market on 29 April 2026, gold prices experienced a decline, settling at ₹149,357.00, marking a 0.45% decrease from its opening level of ₹150,720.00. Silver also saw a significant drop, closing at ₹233,500.00, down 1.62% from its opening price of ₹238,443.00. Meanwhile, crude oil prices surged, reaching ₹10,108.00, a notable increase of 6.57% from its opening level of ₹9,407.00.
Precious metals
Gold traded within a range of ₹147,950.00 to ₹151,527.00 throughout the session. The trajectory of gold prices showed fluctuations, influenced by cues from the strength of the US dollar. Silver’s trajectory was marked by a high of ₹238,800.00 and a low of ₹232,000.00. The gold mini contract mirrored the broader gold market, closing at ₹147,685.00, down 0.57% from its opening of ₹148,384.00.
Energy commodities
Crude oil was the standout performer, with prices climbing to a high of ₹10,130.00 during the session. Natural gas, however, saw a decline, ending at ₹252.40, which is 1.98% lower than its opening level of ₹255.50. The energy sector exhibited mixed trends, with crude oil’s rally contrasting with the downturn in natural gas prices.
Base metals
In the base metals segment, copper closed at ₹1,256.75, slightly down by 0.15% from its opening of ₹1,267.20. Aluminium ended the session at ₹369.55, a decrease of 0.51% from its opening level of ₹379.65. Zinc also saw a decline, closing at ₹340.40, down 0.41% from its opening price of ₹344.40.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 150,720.00 | 151,527.00 | 147,950.00 | 149,357.00 | -0.45% |
| Silver | 238,443.00 | 238,800.00 | 232,000.00 | 233,500.00 | -1.62% |
| Crude Oil | 9,407.00 | 10,130.00 | 9,401.00 | 10,108.00 | +6.57% |
| Natural Gas | 255.50 | 257.00 | 250.00 | 252.40 | -1.98% |
| Gold Mini | 148,384.00 | 148,790.00 | 146,369.00 | 147,685.00 | -0.57% |
| Aluminium | 379.65 | 380.20 | 369.20 | 369.55 | -0.51% |
| Zinc | 344.40 | 353.80 | 338.10 | 340.40 | -0.41% |
| Copper | 1,267.20 | 1,270.00 | 1,256.00 | 1,256.75 | -0.15% |
Outlook
As the commodities market continues to navigate through fluctuating economic indicators, the focus remains on the impact of the US dollar’s strength on precious metals. Energy commodities, particularly crude oil, are likely to be influenced by global supply and demand dynamics. Base metals may continue to react to industrial demand cues. Market participants will be closely watching these factors in the coming sessions.
Data as on Apr 29, 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.