Gold prices on the MCX have climbed to ₹152,372.00, marking a 1.75% increase from the opening level of ₹152,000.00. Silver also showed a strong performance, rising to ₹251,600.00, up 2.98% from its opening price of ₹249,316.00. The movements in these precious metals come amid various market dynamics, with gold showing a steady upward trajectory during the session.
Precious metals
Gold opened at ₹152,000.00 and reached a high of ₹152,634.00, with a low of ₹151,653.00, reflecting a positive trend throughout the session. Silver, starting at ₹249,316.00, hit a high of ₹252,000.00, maintaining its upward momentum. The gold mini contract also saw gains, closing at ₹152,347.00, up 1.73% from its opening of ₹150,699.00, with a high of ₹152,550.00.
Energy commodities
Crude oil prices saw a decline, closing at ₹9,547.00, down 1.56% from the opening price of ₹9,610.00. The commodity experienced a high of ₹9,644.00 and a low of ₹9,501.00. Natural gas also faced a decrease, ending at ₹265.10, which is a 0.71% drop from its opening level of ₹267.00.
Base metals
Copper prices rose to ₹1,301.15, reflecting a 1.06% increase from the opening price of ₹1,294.40. The metal reached a high of ₹1,303.95. Aluminium showed a modest gain, closing at ₹375.80, up 0.35% from its opening of ₹370.35. Zinc also edged higher, ending at ₹348.90, a 0.94% increase from the opening price of ₹347.95.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,000.00 | 152,634.00 | 151,653.00 | 152,372.00 | 1.75% |
| Silver | 249,316.00 | 252,000.00 | 249,316.00 | 251,600.00 | 2.98% |
| Gold Mini | 150,699.00 | 152,550.00 | 150,699.00 | 152,347.00 | 1.73% |
| Crude Oil | 9,610.00 | 9,644.00 | 9,501.00 | 9,547.00 | -1.56% |
| Copper | 1,294.40 | 1,303.95 | 1,294.40 | 1,301.15 | 1.06% |
| Zinc | 347.95 | 349.95 | 347.95 | 348.90 | 0.94% |
| Natural Gas | 267.00 | 267.00 | 264.00 | 265.10 | -0.71% |
| Aluminium | 370.35 | 376.70 | 369.50 | 375.80 | 0.35% |
Outlook
As the commodities market progresses, traders will be closely watching the movements in precious metals, particularly gold and silver, which have shown significant gains. Energy commodities like crude oil and natural gas have seen declines, which could influence future trading strategies. Base metals continue to exhibit moderate gains, with copper leading the way. Market participants will be attentive to any shifts in global economic indicators that could impact these commodities.
Data as on May 6, 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.