Commodity Prices India — Gold, Silver & Crude Oil Live
Commodities are one of the oldest and most closely watched corners of the Indian markets, and for good reason — gold and silver are woven into household savings and festivals, while crude oil sets the cost of everything from transport to manufacturing. On this page you can track live prices for the metals and energy commodities that matter most to Indian investors, drawn from MCX and global benchmarks. Gold is quoted per 10 grams and silver per kilogram, following the convention used across Indian bullion trade, while crude oil and natural gas are quoted in rupees per barrel and per MMBtu. Because India imports much of its energy and precious metals, these prices move with both international rates and the rupee exchange rate, along with import duties and GST. Whether you are planning a jewellery purchase, hedging a business exposure, or trading commodity futures, use the live data below to stay on top of intraday moves during MCX trading hours.
Frequently Asked Questions
Where do commodity prices in India come from?
In India, commodity futures are traded primarily on the MCX (Multi Commodity Exchange) for metals and energy, and the NCDEX for agricultural commodities. Prices for gold, silver, crude oil and natural gas move in step with global benchmarks such as COMEX and NYMEX, adjusted for the rupee exchange rate, import duties and local demand. WealthOrbit tracks these live rates through the trading session.
Why are gold and silver prices in India quoted per 10 grams and per kg?
On MCX, gold is conventionally quoted per 10 grams and silver per kilogram, which is the standard used across Indian bullion markets and jewellery trade. International gold is priced per troy ounce in US dollars, so the Indian rate is derived by converting that ounce price to rupees and scaling to 10 grams, then adding import duty and GST. This is why domestic prices can differ from global spot rates.
What moves crude oil prices for Indian traders?
Crude oil on MCX tracks Brent and WTI global benchmarks, so prices react to OPEC+ output decisions, geopolitical events, US inventory data and global demand. Because India imports most of its crude, a weaker rupee raises the landed cost even when dollar prices are flat. MCX crude is quoted in rupees per barrel, letting Indian traders hedge and speculate on these moves during exchange hours.
What are MCX trading hours for commodities in India?
MCX commodity futures typically trade from 9:00 AM to 11:30 PM (extended to 11:55 PM during US daylight saving time) on weekdays. The long evening session lets Indian traders react to international markets in the US and Europe. Agricultural commodities on NCDEX follow shorter hours, usually closing in the evening. Always check the exchange calendar for holidays and any session changes.