The commodities market opened with notable movements in precious metals and energy. Gold prices rose to ₹151,818.00, marking a 1.38% increase from its opening level, buoyed by cues of a weaker US dollar. Silver also saw an upward trajectory, reaching ₹250,550.00, a gain of 2.55% from its open. In contrast, crude oil experienced a decline, falling 1.55% to ₹9,548.00.
Precious metals
Gold opened at ₹152,000.00 and fluctuated between a high of ₹152,182.00 and a low of ₹151,653.00 during the session. The gold mini contract mirrored this positive sentiment, climbing to ₹151,761.00 from an open of ₹150,699.00, reflecting a 1.34% increase. Silver’s performance was robust, starting at ₹249,316.00 and peaking at ₹252,000.00, with no dips below its opening level.
Energy commodities
Crude oil faced downward pressure, opening at ₹9,610.00 and sliding to a low of ₹9,542.00. Its high for the session was ₹9,640.00. Natural gas also saw a decrease, opening at ₹267.00 and closing at ₹264.50, down 0.94% from its open, with a session low of ₹264.00.
Base metals
In the base metals segment, copper showed resilience, increasing by 1.00% to ₹1,300.40 from its opening price of ₹1,294.40. Aluminium experienced a modest rise to ₹375.85, up 0.36% from its open of ₹370.35. Zinc also edged higher, closing at ₹348.50, a 0.82% increase from its opening level.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,000.00 | 152,182.00 | 151,653.00 | 151,818.00 | 1.38% |
| Silver | 249,316.00 | 252,000.00 | 249,316.00 | 250,550.00 | 2.55% |
| Crude Oil | 9,610.00 | 9,640.00 | 9,542.00 | 9,548.00 | -1.55% |
| Gold Mini | 150,699.00 | 152,031.00 | 150,699.00 | 151,761.00 | 1.34% |
| Copper | 1,294.40 | 1,303.95 | 1,294.40 | 1,300.40 | 1.00% |
| Natural Gas | 267.00 | 267.00 | 264.00 | 264.50 | -0.94% |
| Zinc | 347.95 | 349.95 | 347.95 | 348.50 | 0.82% |
| Aluminium | 370.35 | 376.20 | 369.50 | 375.85 | 0.36% |
Outlook
The market’s focus remains on the strength of the US dollar, which continues to influence precious metals. Energy commodities, particularly crude oil, are under scrutiny due to fluctuating demand expectations. Base metals are showing signs of stability, but global economic indicators will be key to future movements.
Data as on May 6, 2026, 09:30 AM IST.
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