In the latest trading session on the Multi Commodity Exchange (MCX), gold prices have fallen to ₹1,50,584.00, marking a 0.51% decline from its opening level. Silver also experienced a downturn, with its price dropping to ₹2,44,000.00, a decrease of 0.93% from the open. Meanwhile, natural gas emerged as the standout performer, surging by 2.42% to reach ₹270.90.
Precious metals
Gold opened at ₹1,51,150.00 and reached a high of ₹1,51,347.00 before declining to a low of ₹1,50,329.00. The precious metal has been influenced by cues of USD strength, impacting its price trajectory during the session. Silver, starting at ₹2,46,429.00, saw a steady decline throughout the morning, hitting a low of ₹2,44,000.00. The Gold Mini contract also faced a decline, with its current price at ₹1,48,338.00, down 0.41% from the opening.
Energy commodities
Crude oil prices have seen a decrease, currently at ₹9,597.00, down 0.70% from its opening price of ₹9,685.00. The commodity reached a high of ₹9,736.00 and a low of ₹9,516.00 during the session. In contrast, natural gas prices have risen significantly, opening at ₹267.00 and climbing to a high of ₹272.00, reflecting a strong upward movement.
Base metals
In the base metals segment, aluminium prices have increased slightly to ₹370.20, up 0.35% from the opening. Copper has seen a marginal decline, with its current price at ₹1,281.05, a 0.09% drop from the open. Zinc prices have remained relatively stable, currently at ₹343.30, showing a minor decrease of 0.03% from the opening level.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 1,51,150.00 | 1,51,347.00 | 1,50,329.00 | 1,50,584.00 | -0.51% |
| Silver | 2,46,429.00 | 2,46,429.00 | 2,44,000.00 | 2,44,000.00 | -0.93% |
| Natural Gas | 267.00 | 272.00 | 267.00 | 270.90 | +2.42% |
| Crude Oil | 9,685.00 | 9,736.00 | 9,516.00 | 9,597.00 | -0.70% |
| Gold Mini | 1,48,973.00 | 1,49,259.00 | 1,48,084.00 | 1,48,338.00 | -0.41% |
| Aluminium | 368.65 | 370.20 | 368.20 | 370.20 | +0.35% |
| Copper | 1,282.95 | 1,286.10 | 1,280.85 | 1,281.05 | -0.09% |
| Zinc | 343.05 | 343.95 | 342.50 | 343.30 | -0.03% |
Outlook
The commodities market continues to be influenced by the strength of the US dollar, particularly impacting precious metals like gold and silver. Energy commodities, especially natural gas, have shown significant movement, suggesting potential volatility in the energy sector. Investors should monitor currency fluctuations and global economic indicators for further market cues.
Data as on May 4, 2026, 12:00 PM IST.
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