In the late session of the commodities market on 6th May 2026, gold prices rose to ₹152,041.00, marking a 1.53% increase from the opening level. Silver also experienced a significant rise, reaching ₹253,337.00, up by 3.69% from its opening. The gains in precious metals were supported by cues of a weaker US dollar. Conversely, crude oil saw a substantial decline, falling 7.01% to ₹9,018.00, reflecting the most significant movement among the commodities tracked.
Precious metals
Gold opened at ₹152,000.00 and reached a high of ₹152,889.00, with a low of ₹151,602.00. Throughout the day, gold’s trajectory showed fluctuations, peaking at ₹152,860.00 at 16:15 before settling at its current level. Silver, opening at ₹249,316.00, hit a high of ₹255,409.00 and maintained its upward momentum throughout the session. The gold mini contract mirrored the movement of gold, closing at ₹152,074.00, up 1.55% from its opening.
Energy commodities
Crude oil’s performance was notably weak, opening at ₹9,610.00 and dropping to a low of ₹8,380.00 before closing at ₹9,018.00. Natural gas also faced downward pressure, closing at ₹257.60, a 3.52% decline from its opening of ₹267.00. The energy sector’s downturn contrasts with the gains seen in precious metals.
Base metals
Copper showed resilience, closing at ₹1,308.30, up 1.61% from its opening of ₹1,294.40. Aluminium, however, decreased slightly, ending at ₹369.05, down 1.46% from its opening. Zinc remained relatively stable, closing at ₹345.90, a marginal increase of 0.07% from its opening.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,000.00 | 152,889.00 | 151,602.00 | 152,041.00 | 1.53% |
| Silver | 249,316.00 | 255,409.00 | 249,316.00 | 253,337.00 | 3.69% |
| Crude Oil | 9,610.00 | 9,644.00 | 8,380.00 | 9,018.00 | -7.01% |
| Natural Gas | 267.00 | 267.00 | 255.60 | 257.60 | -3.52% |
| Copper | 1,294.40 | 1,312.90 | 1,294.40 | 1,308.30 | 1.61% |
| Gold Mini | 150,699.00 | 152,830.00 | 150,699.00 | 152,074.00 | 1.55% |
| Aluminium | 370.35 | 376.70 | 366.90 | 369.05 | -1.46% |
| Zinc | 347.95 | 349.95 | 344.70 | 345.90 | 0.07% |
Outlook
The current session highlights the contrasting movements within the commodities market, with precious metals benefiting from a weaker dollar, while energy commodities face downward pressure. Investors will continue to monitor currency fluctuations and global demand indicators that could influence future price movements in these sectors.
Data as on May 6, 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.