The commodities market closed on a mixed note with selective strength in industrial metals, led by a sharp rise in silver, while gold remained largely stable.
Silver futures jumped 2.26% to 20,476, emerging as the top performer of the session amid renewed buying interest. Grade A copper futures rose 0.46% to 13,125.68, reflecting steady demand expectations from industrial sectors. Aluminium contracts also showed moderate gains, with Aluminium High Grade futures up 0.34% and Aluminium Mini futures climbing 0.82%, indicating continued strength in base metals.
In contrast, 1-ounce gold futures edged down 0.19% to 5,089, showing limited movement as investors maintained a cautious stance. However, another gold futures contract posted a mild gain of 0.21%, suggesting range-bound trading in the precious metal.
Meanwhile, Cobalt futures remained flat, indicating lack of directional momentum in the segment.
Overall, the commodities market reflected a balanced trend, with industrial metals driving gains while precious metals traded in a narrow range, pointing to cautious but stable market sentiment.
