In the early trading session on the Multi Commodity Exchange (MCX), gold prices have risen to ₹152,820.00, marking a 0.37% increase from its opening level. Silver has also shown a significant upward movement, reaching ₹260,999.00, which translates to a 0.95% gain. Meanwhile, crude oil prices have dipped slightly, currently trading at ₹9,027.00, down by 0.42% from its opening.
Precious metals
Gold opened at ₹152,672.00 and has seen a steady climb, with its current price at ₹152,820.00, after reaching a high of ₹153,103.00. The gold mini contract also reflects this positive trend, opening at ₹152,634.00 and currently trading at ₹152,800.00, a 0.41% increase. Silver has been particularly strong, opening at ₹254,998.00 and reaching a high of ₹265,500.00, with its current price at ₹260,999.00.
Energy commodities
Crude oil has experienced a slight decline, opening at ₹9,044.00 and currently trading at ₹9,027.00. The commodity reached a high of ₹9,069.00 and a low of ₹9,011.00 during the session. Natural gas has shown a minor increase, opening at ₹262.60 and currently at ₹263.10, despite a slight drop of 0.30% from its opening.
Base metals
In the base metals segment, zinc has seen a positive movement, opening at ₹346.75 and currently trading at ₹348.75, a 0.30% increase. Copper has also edged higher, with its current price at ₹1,308.00, up from an opening of ₹1,305.45. Aluminium, however, has seen a slight decrease, currently at ₹367.75, down from its opening of ₹368.50.
| Commodity | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gold | 152,672.00 | 153,103.00 | 152,672.00 | 152,820.00 | 0.37% |
| Silver | 254,998.00 | 265,500.00 | 254,722.00 | 260,999.00 | 0.95% |
| Crude Oil | 9,044.00 | 9,069.00 | 9,011.00 | 9,027.00 | -0.42% |
| Gold Mini | 152,634.00 | 153,000.00 | 152,609.00 | 152,800.00 | 0.41% |
| Natural Gas | 262.60 | 263.70 | 262.60 | 263.10 | -0.30% |
| Zinc | 346.75 | 348.75 | 346.75 | 348.75 | 0.30% |
| Copper | 1,305.45 | 1,309.00 | 1,305.45 | 1,308.00 | 0.29% |
| Aluminium | 368.50 | 369.95 | 365.10 | 367.75 | 0.22% |
Outlook
The commodities market is witnessing diverse movements, with precious metals showing strength, particularly silver. Energy commodities are experiencing mixed trends, with crude oil slightly down. Base metals are generally positive, with zinc and copper leading the gains. Market participants will continue to monitor global cues and currency fluctuations for further direction.
Data as on May 8, 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.