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Commodity Market Prediction for Tomorrow 4 June 2026: MCX Gold Silver Crude Copper Zinc

  • June 3, 2026
  • Posted by: Kunal Singla
  • Category: News
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Commodity Market Prediction for Tomorrow

The commodity market prediction for tomorrow 4 June 2026 is mixed across segments. MCX Gold at Rs 1,61,200/10g and Silver at Rs 2,68,500/kg are cautiously bullish on geopolitical safe-haven demand. MCX Crude Oil at Rs 8,450/barrel faces bearish pressure if the US-Iran deal progresses, while Natural Gas at Rs 265/mmBtu remains structurally bearish on supply surplus. Base metals Copper and Zinc face headwinds from demand concerns. Ankit Jaiswal and Kunal Singla at Univest provide the complete commodity market prediction for tomorrow.

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Table of Contents

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  • MCX Commodity Price Summary for 3 June 2026
  • Global Cues for 4 June 2026
  • Conclusion
  • Frequently Asked Questions
    • What is the commodity market prediction for tomorrow 4 June 2026?
    • What is MCX Gold prediction for tomorrow 4 June 2026?
    • What is MCX Crude Oil prediction for tomorrow?
    • What drives the commodity market prediction for tomorrow?
    • Is Silver bullish in the commodity market prediction for tomorrow?
    • What is the MCX Natural Gas prediction for tomorrow?
    • What is the MCX Copper prediction for tomorrow?
    • What is MCX Zinc prediction for tomorrow?

MCX Commodity Price Summary for 3 June 2026

Commodity CMP Unit Support Resistance Trend
Gold Rs 1,61,200 10g Rs 1,58,500 Rs 1,63,000 Bullish
Silver Rs 2,68,500 kg Rs 2,62,000 Rs 2,72,000 Cautiously Bullish
Crude Oil Rs 8,450 barrel Rs 8,300 Rs 8,620 Cautiously Bearish
Natural Gas Rs 265 mmBtu Rs 252 Rs 275 Bearish
Copper Rs 1,292 kg Rs 1,270 Rs 1,310 Cautiously Bearish
Zinc Rs 284 kg Rs 278 Rs 290 Bearish

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Ankit Jaiswal, Senior Research Analyst at Univest, notes that the commodity market prediction for tomorrow is most clearly bullish in the precious metals segment. Gold at Rs 1,61,200 with resistance at Rs 1,63,000 and Silver at Rs 2,68,500 with resistance at Rs 2,72,000 represent the strongest intraday setups in the commodity market prediction for tomorrow. He flags the declining gold-silver ratio as a signal that Silver has more catch-up potential than Gold in the near term.

Kunal Singla, Associate Director at Univest, observes that the commodity market prediction for tomorrow for Crude Oil is the most volatile given unresolved Iran geopolitics. MCX Crude at Rs 8,450 has support at Rs 8,300 but any Iran escalation could spike it to Rs 8,750. He recommends tight stop losses on all commodity trades given the elevated global uncertainty in the commodity market prediction for tomorrow.

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Global Cues for 4 June 2026

  • Dow Jones: 51,078.88 , US markets showing cautious stability amid geopolitical concerns over Iran.
  • Nasdaq: 27,086.81 , US tech saw mixed action; AI momentum supporting select names.
  • S&P 500: 7,599.96 , broadly flat with defensive positioning.
  • Crude Oil (MCX): Rs 8,450/barrel , elevated crude adds inflationary pressure and weighs on import-heavy sectors.
  • Dollar Index: Slightly firmer, capping rupee appreciation and keeping FII flows cautious.

Conclusion

The commodity market prediction for tomorrow 4 June 2026 is split between a bullish precious metals segment and bearish energy and base metals segment. Ankit Jaiswal recommends focusing on Gold and Silver longs near support, while Kunal Singla advises caution on energy and base metals given supply-side uncertainties. All commodity traders should use stop losses and avoid overleveraged positions in the current volatile environment.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. SEBI Reg: INH000012449 / INH000013776.

Frequently Asked Questions

What is the commodity market prediction for tomorrow 4 June 2026?

Ans. The commodity market prediction for tomorrow 4 June 2026 is mixed. Gold (Rs 1,61,200/10g) and Silver (Rs 2,68,500/kg) are cautiously bullish. Crude Oil (Rs 8,450/barrel) is cautiously bearish. Natural Gas (Rs 265/mmBtu) is bearish. Copper (Rs 1,292/kg) and Zinc (Rs 284/kg) are cautiously bearish.

What is MCX Gold prediction for tomorrow 4 June 2026?

Ans. MCX Gold prediction for tomorrow is cautiously bullish near Rs 1,61,200/10g. Support is at Rs 1,58,500 and resistance at Rs 1,63,000. US-Iran geopolitical tensions and Dollar uncertainty support safe-haven demand.

What is MCX Crude Oil prediction for tomorrow?

Ans. MCX Crude Oil prediction for tomorrow is cautiously bearish near Rs 8,450/barrel. Support is at Rs 8,300 and resistance at Rs 8,620. A US-Iran deal resolution would accelerate the downward move.

What drives the commodity market prediction for tomorrow?

Ans. The commodity market prediction for tomorrow is driven by Dollar Index movement, geopolitical news from the Middle East, global demand data from China and the US, and domestic supply-demand fundamentals. These are the primary macro drivers for all MCX commodity predictions.

Is Silver bullish in the commodity market prediction for tomorrow?

Ans. Silver is cautiously bullish near Rs 2,68,500/kg in the commodity market prediction for tomorrow. Industrial demand from renewable energy, gold’s safe-haven premium and a weaker Dollar scenario support Silver. Resistance is at Rs 2,72,000/kg.

What is the MCX Natural Gas prediction for tomorrow?

Ans. MCX Natural Gas prediction for tomorrow is bearish near Rs 265/mmBtu. US production at 109.4 bcfd and elevated inventories keep the commodity under structural selling pressure. Support is Rs 252 and resistance Rs 275.

What is the MCX Copper prediction for tomorrow?

Ans. MCX Copper prediction for tomorrow is cautiously bearish near Rs 1,292/kg. Below-normal India monsoon forecasts and Chinese demand concerns create headwinds. Support Rs 1,270, resistance Rs 1,310.

What is MCX Zinc prediction for tomorrow?

Ans. MCX Zinc prediction for tomorrow is bearish near Rs 284/kg. Supply resumption at Cajamarquilla smelter weighs on prices. Support Rs 278, resistance Rs 290.



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Author: Kunal Singla
Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.

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