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Informist, Wednesday, May 6, 2026

 

MUMBAI – The Multi Commodity Exchange of India's iCOMDEX Composite index rose Wednesday, backed by a rise in bullion and base metals indices, although the energy index registered a fall. At 1000 IST, the Composite index was trading at 25046.79 points, up 1.17% from its previous close. It had opened at 24764.69 points, up from 24757.84 points at Tuesday end.

 

Of the three main components of the Composite index, bullion index was trading up by 1.79%, with gold up 1.47% and silver up 2.82%.

 

The base metals index was up 0.83% from the previous day's close. Aluminium was up 0.57%, copper was 0.94% higher and zinc up 0.91%. Lead, on the other hand, was down 0.05%.

 

The energy index was down 1.52%, pulled down by both constituent sub-indices. Crude oil was trading down 1.61% and natural gas down 0.71%.

 

The MCX iCOMDEX comprises a series of real-time commodity futures price indices and tracks the performance of a basket of commodity futures. It serves as a benchmark for market movements in bullion, base metals, and energy.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Abhijit Doshi

Edited by Vandana Hingorani

 

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