In the latest session of the MCX commodity market, gold prices experienced a modest increase, closing at ₹152,436.00, marking a 0.20% rise from its opening level. Silver, on the other hand, saw a significant surge, ending the session at ₹259,555.00, which represents a 2.48% increase from its opening. These movements in precious metals were influenced by market dynamics, with gold’s trajectory showing fluctuations throughout the day. Meanwhile, natural gas emerged as the standout performer among energy commodities, advancing by 2.24% to close at ₹264.20.
Precious metals
Gold’s trading session was characterised by a series of ups and downs, with the price reaching a high of ₹153,865.00 and a low of ₹151,602.00. Despite the volatility, it managed to close positively. Silver’s performance was notably strong, reaching a high of ₹265,500.00 and a low of ₹254,722.00. The gold mini contract mirrored the movements of its larger counterpart, closing at ₹152,400.00, a slight decrease from its opening of ₹152,609.00.
Energy commodities
Crude oil prices faced downward pressure, closing at ₹8,882.00, a 1.50% decline from its opening level of ₹9,087.00. The session saw crude oil hit a high of ₹9,094.00 and a low of ₹8,476.00. In contrast, natural gas prices rose significantly, closing at ₹264.20, with a high of ₹264.50 and a low of ₹253.10, reflecting a robust 2.24% increase.
Base metals
In the base metals segment, copper prices showed a slight decrease, closing at ₹1,306.05, down 0.16% from its opening of ₹1,294.40. Aluminium and zinc also experienced mixed movements, with aluminium closing at ₹366.25, a 0.95% decrease, and zinc ending slightly lower at ₹347.60, a 0.30% drop from its opening.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,000.00 | 153,865.00 | 151,602.00 | 152,436.00 | 0.20% |
| Silver | 254,998.00 | 265,500.00 | 254,722.00 | 259,555.00 | 2.48% |
| Natural Gas | 258.50 | 264.50 | 253.10 | 264.20 | 2.24% |
| Crude Oil | 9,087.00 | 9,094.00 | 8,476.00 | 8,882.00 | -1.50% |
| Aluminium | 375.05 | 376.70 | 365.10 | 366.25 | -0.95% |
| Zinc | 347.95 | 349.95 | 344.70 | 347.60 | 0.30% |
| Gold Mini | 152,609.00 | 153,750.00 | 152,322.00 | 152,400.00 | 0.20% |
| Copper | 1,294.40 | 1,315.00 | 1,294.40 | 1,306.05 | -0.16% |
Outlook
As the commodities market continues to react to various global cues, the performance of precious metals and energy commodities remains closely tied to fluctuations in the US dollar and other economic indicators. Investors will be watching these factors closely in the coming sessions to gauge future movements.
Data as on May 7, 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.