Daily Commodity Pointer
05th May 2026

Tracking Market
May 4 2026 ClosePrevCloseAbsChange
Re/$95.0994.900.19
Euro / $0.85530.85320.0021
Light Sweet104.99101.943.05
Gold $ / OZ-4528.044644.50-116.46
Silver $ / OZ-73.0376.43-3.40
$ / Yen157.22157.060.16

On May 5 2026
Events ETISTForecastPrev
ISM Services PMI9.0019.3053.754.0
JOLTS Job Openings9.0019.306.86M6.88M
New Home Sales9.0019.30652K-
New Home Sales (Feb data)9.0019.30-587K

CallTracker
Commodity LTPT1T2SLMarginTick
CRUDE OIL1005098009600102003444701


  Pivot Point - Non-Agri


  
Energy
US crude eases more than 1%, traders weigh supply risks
U.S. crude eased more than 1% on Tuesday as the market weighed the impact of Iranian attacks on ships in the Strait of Hormuz and news that a U.S.-flagged ship operated by Maersk had transited the strait accompanied by U.S. military.
Bullions
Gold steady as investors weigh Middle East risks, stalled US-Iran peace talks
Gold prices were largely steady on Tuesday, as investors weighed the economic fallout of escalating tensions in the Middle East amid stalled peace talks between the U.S and Iran.
Currency
Yen steady, dollar firms on Middle East war fears
The yen was steady on Tuesday amid lingering market nerves after suspected intervention by Tokyo last week sparked sharp gains in recent sessions, while the U.S. dollar firmed on safe-haven demand as the Middle East war weighed on sentiment.
Base Metals
Copper declines as Iran-US exchange fire in Persian Gulf
Copper prices declined after Iran and the US exchanged fire in the Persian Gulf, casting doubt over a possible ceasefire and raising concerns regarding a further escalation of the conflict.
Activate Commodity
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 800.27 crores, whereas MCX recorded a total traded turnover of Rs. 4,54,008.49 Crores on 04th May 2026.
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