In the latest trading session on the Multi Commodity Exchange (MCX), gold prices have shown a modest increase, reaching ₹149,560.00, marking a 0.15% rise from the opening level. Silver also experienced an upward movement, currently priced at ₹244,430.00, reflecting a 0.22% increase. Meanwhile, crude oil has seen a decline, trading at ₹9,990.00, down by 0.67% from its opening price. The fluctuations in these commodities are influenced by various market dynamics, including cues from the strength of the US dollar.
Precious metals
Gold opened at ₹149,749.00 and reached a high of ₹149,950.00 before dipping to a low of ₹149,228.00. The trajectory throughout the session showed significant volatility, with prices peaking early before stabilising. Silver, opening at ₹250,699.00, hit a high of ₹251,231.00 and a low of ₹241,113.00, maintaining a steady upward trend. The Gold Mini contract mirrored the movements of its larger counterpart, currently at ₹149,548.00, slightly down from its opening of ₹149,563.00.
Energy commodities
Crude oil’s current level of ₹9,990.00 represents a notable decline from its opening of ₹9,960.00, despite reaching a high of ₹9,996.00 earlier in the session. Natural gas, on the other hand, has shown a slight increase, currently at ₹272.70, up from its opening of ₹272.00, with a high of ₹273.70 and a low of ₹270.60.
Base metals
In the base metals segment, copper is trading at ₹1,279.60, up 0.22% from its opening price of ₹1,275.05. Aluminium has seen a slight increase, currently at ₹370.20, compared to its opening of ₹368.65. Zinc is trading at ₹343.40, showing a modest rise of 0.28% from its opening level of ₹343.05.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 149,749.00 | 149,950.00 | 149,228.00 | 149,560.00 | +0.15% |
| Silver | 250,699.00 | 251,231.00 | 241,113.00 | 244,430.00 | +0.22% |
| Crude Oil | 9,960.00 | 9,996.00 | 9,921.00 | 9,990.00 | -0.67% |
| Natural Gas | 272.00 | 273.70 | 270.60 | 272.70 | -0.66% |
| Zinc | 343.05 | 343.95 | 341.40 | 343.40 | +0.28% |
| Aluminium | 368.65 | 371.35 | 368.20 | 370.20 | -0.22% |
| Copper | 1,275.05 | 1,280.90 | 1,275.05 | 1,279.60 | +0.22% |
| Gold Mini | 149,563.00 | 149,884.00 | 149,220.00 | 149,548.00 | +0.15% |
Outlook
As the commodities market continues to react to global economic cues, investors are closely monitoring the strength of the US dollar, which plays a crucial role in influencing the prices of gold and silver. The energy sector, particularly crude oil, remains sensitive to geopolitical developments and supply chain dynamics. Base metals are likely to be affected by industrial demand and economic growth indicators in the coming sessions.
Data as on May 5, 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.