In the early trading session on the Multi Commodity Exchange (MCX) today, gold prices opened at ₹149,749.00 and are currently trading at ₹149,550.00, marking a 0.14% increase from the open. Silver, however, has seen a decline, opening at ₹250,699.00 and now trading at ₹243,400.00, a 0.20% decrease. The market is observing these movements amid cues from the US dollar’s strength, which often influences precious metal prices.
Precious metals
Gold’s trajectory this morning saw it reach a high of ₹149,950.00 before settling at its current level of ₹149,550.00. The gold mini contract mirrored this trend, opening at ₹149,563.00 and currently priced at ₹149,517.00. Silver’s decline is notable, with its high at ₹251,231.00 and a low of ₹241,113.00, reflecting the volatility in the precious metals segment.
Energy commodities
Crude oil prices have shown a slight upward movement, opening at ₹9,960.00 and currently trading at ₹9,985.00, despite a minor decline of 0.72% from the open. Natural gas has experienced the most significant movement, opening at ₹272.00 and now at ₹272.10, a decrease of 0.87% from its opening price, with a high of ₹272.70 and a low of ₹270.60.
Base metals
In the base metals category, copper has seen a slight increase, opening at ₹1,275.05 and currently trading at ₹1,278.50, a 0.14% rise. Aluminium prices have also edged up, from an open of ₹368.65 to ₹370.15, while zinc has slightly decreased from its open of ₹343.05 to ₹342.90.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 149,749.00 | 149,950.00 | 149,472.00 | 149,550.00 | +0.14% |
| Silver | 250,699.00 | 251,231.00 | 241,113.00 | 243,400.00 | -0.20% |
| Natural Gas | 272.00 | 272.70 | 270.60 | 272.10 | -0.87% |
| Crude Oil | 9,960.00 | 9,995.00 | 9,959.00 | 9,985.00 | -0.72% |
| Aluminium | 368.65 | 371.35 | 368.20 | 370.15 | -0.23% |
| Copper | 1,275.05 | 1,280.10 | 1,275.05 | 1,278.50 | +0.14% |
| Zinc | 343.05 | 343.95 | 341.40 | 342.90 | +0.13% |
| Gold Mini | 149,563.00 | 149,721.00 | 149,470.00 | 149,517.00 | +0.13% |
Outlook
The commodities market is currently influenced by the strength of the US dollar, which is impacting gold and silver prices. Investors will be closely watching the currency movements and any potential geopolitical developments that could further affect commodity prices. The energy sector, particularly natural gas, remains volatile, and traders should monitor supply and demand dynamics closely.
Data as on May 5, 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.