Today’s Commodities Market Update – May 20, 2025
Stay informed with real-time price movements in crude oil, gold, silver, copper, and natural gas. Understand the impact of global trends on Indian and international markets.
1. Crude Oil Overview
Brent: $65.48 / barrel (−$0.06) | WTI: $62.70 / barrel (+$0.01)
Crude oil prices witnessed minor fluctuations today. Brent crude slightly dropped due to concerns over global demand, while WTI crude remained stable. Market analysts suggest that ongoing geopolitical tensions and U.S. energy reports are influencing short-term movements. Traders are keeping an eye on inventory data and OPEC+ output decisions, which could significantly affect prices in the coming days.
2. Precious Metals
2.1 Gold
MCX June futures: ₹92 965 / 10 g (−0.36%)
Gold prices in India dropped as the U.S. dollar gained strength, reducing the appeal of bullion. Despite the dip, gold remains a safe haven for investors amid inflation worries and uncertain equity markets. Domestic demand ahead of wedding season and central bank purchases are expected to support prices in the near future.
2.2 Silver
MCX July futures: ₹95 172 / kg (−0.29%)
Spot silver: ₹97.00 / g (−₹1.00)
Silver followed gold’s downward trend, primarily driven by a stronger rupee and cautious global cues. Industrial demand for silver, particularly from electronics and solar industries, may provide long-term support. Investors should watch for signs of industrial recovery which could signal a reversal in silver prices.
3. Base Metals
Copper
Front-month futures: $4.6240 / lb (+1.50%)
Copper prices gained momentum amid stable industrial activity and a slight supply shortage. With ongoing urban infrastructure projects and increased use in electric vehicles (EVs), the outlook for copper remains positive. Experts forecast continued growth in demand from the green energy sector.
4. Energy & Natural Gas
Natural Gas (Henry Hub): ~$4.00 /MMBtu (−12.36% YTD)
Natural gas prices remain under pressure as inventories build ahead of summer. Consumption rates have slowed slightly due to mild weather patterns. However, with forecasts predicting a hotter-than-average summer, demand could spike, offering short-term price support.
5. Market Outlook
Market participants are advised to remain cautious as volatility persists. The U.S. Federal Reserve’s upcoming minutes may shed light on interest rate directions. In India, inflation, currency movement, and fiscal policy decisions will impact commodity trends. Traders should track daily developments for informed decision-making.
Price Summary Table
Commodity | Price Today | Change |
---|---|---|
Brent Crude | $65.48/bbl | −$0.06 |
WTI Crude | $62.70/bbl | + $0.01 |
Gold | ₹92 965/10 g | −0.36% |
Silver | ₹95 172/kg | −0.29% |
Copper | $4.6240/lb | + 1.50% |
Natural Gas | ~$4.00/MMBtu | −12.36% YTD |
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