Gold prices on the MCX climbed to ₹1,50,094, marking a 0.70% increase from the opening level of ₹1,49,499. Silver also showed positive momentum, reaching ₹2,37,150, up by 1.69% from its opening price of ₹2,35,102. The movement in precious metals is influenced by cues of a weaker US dollar, which often bolsters demand for these commodities.
Precious metals
Gold opened at ₹1,49,499 and saw a high of ₹1,50,168 and a low of ₹1,49,069 during the session. The gold mini contract mirrored this trend, with its current price at ₹1,48,409, up 0.65% from its opening of ₹1,47,850. Silver, after opening at ₹2,35,102, hit a high of ₹2,37,150, marking a significant rise, with its lowest point at ₹2,34,228.
Energy commodities
Crude oil prices surged to ₹10,509, reflecting a 3.78% increase from the opening price of ₹10,300. The commodity reached a high of ₹10,571, indicating strong upward momentum. Natural gas also experienced a modest rise, currently priced at ₹254.10, up 0.79% from its opening level of ₹252.80.
Base metals
In the base metals segment, copper saw a slight decline, currently at ₹1,277.05, down 0.14% from its opening price of ₹1,279.50. Aluminium remained relatively stable, with a minor decrease to ₹364.70 from ₹365.45. Zinc experienced a marginal drop, currently at ₹339.30, slightly below its opening of ₹341.25.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 1,49,499.00 | 1,50,168.00 | 1,49,069.00 | 1,50,094.00 | 0.70% |
| Silver | 2,35,102.00 | 2,37,150.00 | 2,34,228.00 | 2,37,150.00 | 1.69% |
| Crude Oil | 10,300.00 | 10,571.00 | 10,300.00 | 10,509.00 | 3.78% |
| Natural Gas | 252.80 | 254.20 | 252.00 | 254.10 | 0.79% |
| Gold Mini | 1,47,850.00 | 1,48,869.00 | 1,47,461.00 | 1,48,409.00 | 0.65% |
| Copper | 1,279.50 | 1,279.60 | 1,273.00 | 1,277.05 | 0.14% |
| Aluminium | 365.45 | 366.20 | 363.50 | 364.70 | 0.01% |
| Zinc | 341.25 | 341.25 | 338.60 | 339.30 | -0.01% |
Outlook
The commodities market is currently experiencing varied movements, with precious metals benefiting from a weaker dollar. Energy commodities, particularly crude oil, are showing strong gains, suggesting robust demand. Base metals remain mixed, with minor fluctuations. Investors will be watching for further cues from global economic indicators and currency movements.
Data as on Apr 30, 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.