Silver registered the sharpest fall at the open on Wednesday, May 20, 2026, dropping $1.21 or 1.62% to trade at $73.94 per troy ounce, making it the weakest performer across the commodity complex at the start of the session. The decline set the tone for a broadly softer opening across metals, energy, and agricultural markets.

Gold fell $43.40 or 0.96% to $4,467.80 per troy ounce at the open. Translated to domestic terms, the approximate MCX equivalent stands at around Rs 1,19,267 per 10 grams, calculated at an exchange rate of Rs 83 to the dollar. The yellow metal’s retreat, while less steep than silver’s, extended the weakness seen across the precious metals segment at the start of Wednesday’s session.

Silver’s MCX approximate equivalent works out to roughly Rs 1,97,358 per kilogram at current international prices and the prevailing exchange rate. The metal’s 1.62% decline was notably sharper than gold’s, widening the relative underperformance of silver at the open.

In the energy complex, WTI crude oil slipped $0.55 or 0.53% to $103.60 per barrel, while Brent crude fell $0.86 or 0.77% to $110.42 per barrel. Both benchmarks opened in negative territory, with Brent recording a slightly larger percentage decline than its American counterpart. Natural gas edged down $0.01 or 0.32% to $3.10 per MMBtu, a modest move relative to the broader commodity weakness at the open.

Copper also opened lower, shedding $0.04 or 0.64% to $6.17 per pound, adding to the negative picture across base metals. The industrial metal’s decline, though comparatively contained, aligned with the overall direction of travel across commodities at the start of the session.

Agricultural commodities were not spared from the opening pressure. Wheat fell 5.75 cents or 0.86% to 661.50 USX per bushel, while corn declined 3.00 cents or 0.63% to 472.25 USX per bushel. Both grains opened in the red, consistent with the broad-based weakness seen elsewhere in the commodity space on Wednesday morning.

Taken together, all eight commodities tracked at the open — gold, silver, WTI crude, Brent crude, natural gas, copper, wheat, and corn — posted declines, pointing to uniformly softer conditions across the commodity complex as Wednesday’s trading session got under way.

Market data sourced from Yahoo Finance. Prices reflect closing/last traded values as of Wednesday, 20 May 2026, 10:00 AM IST (MCX open). Data may be delayed by approximately 5 minutes. This article is for informational purposes only.