In the late session of the commodities market on 5th May 2026, gold prices edged higher to ₹149,920.00, marking a 0.39% increase from its opening level. Silver also saw a positive movement, reaching ₹245,052.00, up by 0.47% from the open. Meanwhile, crude oil experienced a significant drop, falling to ₹9,715.00, a decrease of 3.40% from its opening price, making it the most moved commodity of the day.
Precious metals
Gold traded within a range, peaking at ₹150,440.00 and dipping to a low of ₹149,228.00. The trajectory throughout the session showed fluctuations, with notable highs around midday and late afternoon. Silver, on the other hand, reached a high of ₹251,231.00 and a low of ₹241,113.00, maintaining a steady upward trend. The gold mini contract mirrored the movement of its larger counterpart, closing at ₹149,920.00, up 0.40% from its open.
Energy commodities
Crude oil’s decline to ₹9,715.00 was marked by a high of ₹10,066.00 and a low of ₹9,642.00, reflecting volatility in the energy market. Natural gas also faced downward pressure, closing at ₹266.00, a 3.10% decrease from its opening level, with a high of ₹273.90 and a low of ₹265.00.
Base metals
In the base metals segment, copper rose to ₹1,288.10, up 0.89% from its open, with prices ranging between ₹1,275.05 and ₹1,290.00. Aluminium saw a positive shift, closing at ₹374.90, a 1.05% increase, while zinc ended at ₹345.30, up 0.83% from its opening price.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 149,749.00 | 150,440.00 | 149,228.00 | 149,920.00 | 0.39% |
| Silver | 250,699.00 | 251,231.00 | 241,113.00 | 245,052.00 | 0.47% |
| Crude Oil | 9,960.00 | 10,066.00 | 9,642.00 | 9,715.00 | -3.40% |
| Natural Gas | 272.00 | 273.90 | 265.00 | 266.00 | -3.10% |
| Aluminium | 368.65 | 375.25 | 368.20 | 374.90 | 1.05% |
| Copper | 1,275.05 | 1,290.00 | 1,275.05 | 1,288.10 | 0.89% |
| Zinc | 343.05 | 346.40 | 341.40 | 345.30 | 0.83% |
| Gold Mini | 149,563.00 | 150,400.00 | 149,220.00 | 149,920.00 | 0.40% |
Outlook
As the commodities market progresses, traders will be closely monitoring the fluctuations in crude oil and natural gas prices, which have shown significant volatility. The strength of the US dollar remains a crucial factor influencing the precious metals market, particularly gold and silver. Market participants will continue to watch for any developments that could impact these commodities in the coming sessions.
Data as on May 5, 2026, 10:00 PM IST.
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