The commodities market on the Multi Commodity Exchange opened with a mixed tone on May 20, 2026. Gold prices fell to ₹158,243.00, marking a 0.53% decline from the opening level, as the market continues to reassess the impact of the recent geopolitical developments in West Asia. Silver also experienced a downturn, with its price decreasing by 0.70% to ₹268,240.00. The market’s response comes in the wake of a pause in the Iran strike announced by Trump, which has influenced investor sentiment.
Precious metals
Gold opened at ₹158,974.00 and reached a high of ₹160,378.00 before declining to its current level of ₹158,243.00. The gold mini contract also saw a decrease, currently priced at ₹157,600.00, down 0.52% from its opening of ₹157,362.00. Silver opened at ₹267,230.00 and slightly increased to a high of ₹268,464.00, but it currently stands at ₹268,240.00.
Energy commodities
In the energy sector, natural gas prices showed a modest increase, currently at ₹300.90, up 0.50% from its opening price of ₹300.00. Crude oil, however, saw a slight decrease, currently priced at ₹10,075.00, reflecting a 0.48% increase from its opening level of ₹10,083.00.
Base metals
Among base metals, aluminium prices rose to ₹385.25, marking a 0.22% increase from the opening price of ₹381.00. Copper saw a minor increase to ₹1,335.10, up 0.18% from its opening of ₹1,332.05. Zinc remained relatively stable, with a slight decrease to ₹366.70, down 0.11% from its opening level of ₹366.95.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 158,974.00 | 160,378.00 | 157,959.00 | 158,243.00 | -0.53% |
| Silver | 267,230.00 | 268,464.00 | 267,230.00 | 268,240.00 | -0.70% |
| Gold Mini | 157,362.00 | 157,827.00 | 157,152.00 | 157,600.00 | -0.52% |
| Natural Gas | 300.00 | 301.20 | 299.80 | 300.90 | +0.50% |
| Crude Oil | 10,083.00 | 10,104.00 | 10,011.00 | 10,075.00 | +0.48% |
| Aluminium | 381.00 | 386.55 | 379.00 | 385.25 | +0.22% |
| Copper | 1,332.05 | 1,336.00 | 1,332.05 | 1,335.10 | -0.18% |
| Zinc | 366.95 | 366.95 | 365.80 | 366.70 | +0.11% |
Outlook
The market’s mixed performance reflects ongoing uncertainty in the geopolitical landscape, particularly in West Asia. Investors are closely monitoring developments following the recent pause in military actions. The strength of the US dollar also remains a key factor influencing precious metals, with potential implications for future price movements.
Data as on May 20, 2026, 09:30 AM 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.