In the late session of the commodities market on 8th May 2026, gold prices edged higher, closing at ₹152,326.00, marking a modest increase of 0.04% from the opening level. Silver saw a more significant rise, finishing at ₹261,200.00, up by 1.03%. Copper emerged as the standout performer, climbing 1.57% to ₹1,324.75, indicating robust demand in the base metals segment.
Precious metals
Gold experienced a volatile trading session, with prices fluctuating between a high of ₹153,440.00 and a low of ₹152,199.00. The precious metal’s trajectory throughout the day showed significant movement, peaking at ₹153,409.00 before settling lower. Silver, on the other hand, demonstrated strength, reaching a high of ₹265,500.00 and a low of ₹254,722.00, reflecting strong market sentiment. The Gold Mini contract mirrored the movements of its larger counterpart, closing at ₹152,321.00, a slight increase of 0.10% from its opening.
Energy commodities
Crude oil prices showed minimal movement, closing at ₹9,061.00, a slight decrease of 0.04% from the opening price. The commodity traded within a range of ₹9,137.00 to ₹8,866.00. Natural gas prices, however, saw a modest increase, finishing at ₹264.90, up by 0.38%, with intraday highs reaching ₹269.20.
Base metals
Copper led the gains in the base metals category, closing at ₹1,324.75, up 1.57% from the opening. The metal’s trading range was between ₹1,328.00 and ₹1,305.45. Aluminium saw a slight increase, ending at ₹368.55, up by 0.44%, while zinc closed at ₹347.85, marking a marginal rise of 0.04%.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,672.00 | 153,440.00 | 152,199.00 | 152,326.00 | 0.04% |
| Silver | 254,998.00 | 265,500.00 | 254,722.00 | 261,200.00 | 1.03% |
| Copper | 1,305.45 | 1,328.00 | 1,305.45 | 1,324.75 | 1.57% |
| Aluminium | 368.50 | 370.20 | 365.10 | 368.55 | 0.44% |
| Natural Gas | 262.60 | 269.20 | 261.90 | 264.90 | 0.38% |
| Gold Mini | 152,634.00 | 153,350.00 | 152,200.00 | 152,321.00 | 0.10% |
| Crude Oil | 9,044.00 | 9,137.00 | 8,866.00 | 9,061.00 | -0.04% |
| Zinc | 346.75 | 349.65 | 346.75 | 347.85 | 0.04% |
Outlook
As the commodities market progresses, investors will be closely monitoring the strength of the US dollar, which often influences gold and silver prices. Additionally, the demand dynamics in the base metals sector, particularly for copper, will be a key area to watch, given its recent strong performance. Energy commodities may continue to experience fluctuations based on global supply and demand factors.
Data as on May 8, 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.