On May 20, 2026, the Multi Commodity Exchange (MCX) witnessed a mixed trading session with gold prices declining to ₹158,499.00, marking a 0.37% decrease from its opening level of ₹158,974.00. Silver also edged lower, trading at ₹269,828.00, down 0.11% from its opening price of ₹267,230.00. The market’s focus remains on the ongoing reassessment of geopolitical tensions in West Asia following recent developments.
Precious metals
Gold experienced a fluctuating session, reaching a high of ₹160,378.00 early in the day before declining. The precious metal’s trajectory showed a gradual decline, with notable levels at ₹158,243.00 at 09:15 and ₹158,499.00 by 11:45. Silver, despite its slight decrease, saw a high of ₹269,850.00. Gold Mini also mirrored the broader gold market trend, closing at ₹157,938.00, a 0.31% drop from its opening price of ₹157,362.00.
Energy commodities
Crude oil prices showed resilience, trading at ₹10,066.00, a 0.39% increase from the opening level of ₹10,083.00. The commodity reached a high of ₹10,104.00 during the session. Natural gas also saw a modest gain, closing at ₹300.80, up 0.47% from its opening price of ₹300.00, with a session high of ₹301.30.
Base metals
In the base metals segment, aluminium and zinc both recorded gains. Aluminium traded at ₹385.50, a 0.29% increase from its opening of ₹381.00, while zinc closed at ₹367.35, also up 0.29% from its opening price of ₹366.95. Copper remained stable, ending the session at ₹1,337.60, unchanged from its opening level.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 158,974.00 | 160,378.00 | 157,959.00 | 158,499.00 | -0.37% |
| Silver | 267,230.00 | 269,850.00 | 266,850.00 | 269,828.00 | -0.11% |
| Natural Gas | 300.00 | 301.30 | 299.80 | 300.80 | +0.47% |
| Crude Oil | 10,083.00 | 10,104.00 | 10,011.00 | 10,066.00 | +0.39% |
| Gold Mini | 157,362.00 | 158,025.00 | 157,152.00 | 157,938.00 | -0.31% |
| Aluminium | 381.00 | 386.55 | 379.00 | 385.50 | +0.29% |
| Zinc | 366.95 | 367.60 | 365.55 | 367.35 | +0.29% |
| Copper | 1,332.05 | 1,337.60 | 1,332.00 | 1,337.60 | +0.00% |
Outlook
The commodity market continues to be influenced by geopolitical developments, particularly in West Asia. Traders are closely monitoring the situation following the recent pause in tensions, which has affected market sentiment. The strength of the US dollar remains a crucial factor for precious metals, while energy and base metals are likely to be driven by supply and demand dynamics.
Data as on May 20, 2026, 12:00 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.