Commodity Market Prediction for Monday, 9 November 2026
- November 6, 2026
- Posted by: Ankit Jaiswal
- Category: Uncategorized
Nifty Commodities index at 9,697.85, up 0.84%. Five of six MCX contracts fell, led lower by crude oil. Nifty 50 rose 2.01%. India VIX rose 12.77% to 17.57. Next regular session is Monday, 9 November.
Quick Answer
The commodity market prediction for monday is mixed for Monday, 9 November 2026. The Nifty Commodities index rose 0.84 percent to 9,697.85 on Friday and closed within 5 points of its high. On MCX, gold fell 1.12 percent, silver fell 1.08 percent and crude oil fell 1.73 percent, while natural gas rose 0.35 percent, copper fell 0.83 percent and zinc fell 0.45 percent.
This commodity market prediction for monday follows a Friday, 6 November 2026 session in which the Nifty Commodities index rose 0.84 percent to 9,697.85, while on MCX gold, silver, crude oil, copper and zinc fell and natural gas rose slightly.
Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking commodity market and global cues through the weekend, with the next regular trading session on Monday, 9 November 2026.
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What Friday Told Us
- The Nifty Commodities index closed at 9,697.85, up 0.84 percent on 6 November 2026.
- Five of six MCX contracts fell, led lower by crude oil, while natural gas rose 0.35 percent.
- The broader Nifty 50 rose 2.01 percent and India VIX rose 12.77 percent to 17.57.
Commodity Market Prediction for Monday: Key Levels
The Nifty Commodities index traded between 9,458.25 and 9,702.45 on Friday, against a previous close of 9,617.25, and settled at 9,697.85. On the downside, 9,617.25 and 9,458.25 are the first reference levels to watch if the day’s move is tested. On the upside, 9,702.45 marks the nearest resistance. Univest’s analysts treat these as reference points drawn from Friday’s trading range, not as targets.
| Trend | Support | Resistance |
|---|---|---|
| Positive | 9,617.25, 9,458.25 | 9,702.45 |
The snapshot below shows the six MCX contracts we track, using Friday’s last traded prices at the time of writing. MCX trades late into the evening, so prices can differ from the final settlement. Gold Rs 142,476 (-1.12%), Silver Rs 185,127 (-1.08%), Crude Oil Rs 8,412 (-1.73%), Natural Gas Rs 283.10 (+0.35%), Copper Rs 1,340.00 (-0.83%), Zinc Rs 412.50 (-0.45%).
For traders, this commodity market prediction for monday is a framework for planning risk, with position size and stop levels left to the individual.
Key Drivers for Monday
- Crude oil fell 1.73 percent on MCX, the largest fall among the six contracts, while natural gas rose 0.35 percent, the only gain.
- Five of the six contracts we track fell, so the futures picture was weak even though commodity-linked equities rose.
- The Nifty Commodities index rose 0.84 percent to 9,697.85, a broad gauge of commodity-linked equities, while the Nifty 50 rose 2.01 percent.
Ankit Jaiswal and Kunal Singla suggest revisiting this commodity market prediction for monday after the first thirty minutes of Monday’s trade.
Anyone following this commodity market prediction for monday should keep the next session’s opening range in view before reading too much into early moves.
Nothing in this commodity market prediction for monday is a promise of returns, and every level quoted can fail.
What to Watch Alongside Commodity Market
Reliance Industries and Oil and Natural Gas Corporation are the most direct large-cap links to crude and gas. Reliance rose 0.50 percent and ONGC rose 0.77 percent on Friday. Nifty Metal rose 0.76 percent.
In short, the commodity market prediction for monday rests on Friday’s verified close and the weekend risks listed below.
How Friday’s Broader Session Unfolded
The Nifty 50 closed at 25,030.35, up 2.01 percent, and finished at the high of the day after opening almost unchanged and climbing about 642 points from a low of 24,388.05. It closed above the 25,000 mark and about 8.6 percent above last Friday’s close of 23,053.10. The Sensex closed at 81,028.02, up 2.17 percent, and the Bank Nifty closed at 59,086.00, up 2.27 percent, also at the day’s high. This was the sixth straight daily gain for both the Nifty 50 and the Sensex. India VIX, the market’s fear gauge, rose 12.77 percent to 17.57 even as the indices climbed, which points to traders pricing in wider swings. The Nifty Midcap 50 rose 0.33 percent and the Nifty 500 rose 1.01 percent, while the Nifty Smallcap 250 fell 0.84 percent, so large caps led the rise. Nifty Private Bank rose 3.22 percent and Nifty Financial Services rose 2.57 percent, while Nifty IT rose only 0.43 percent and Nifty PSU Bank rose 0.60 percent. NSE’s holiday calendar shows regular equity trading is closed on Tuesday, 10 November 2026, for Diwali Balipratipada. The trigger for the broad rise was not independently confirmed.
Those new to the instrument can use this commodity market prediction for monday to learn which levels and triggers the desk is tracking.
Univest’s analysts suggest treating this commodity market prediction for monday as a preparation note for Monday, 9 November 2026, rather than a signal that changes over the weekend.
Analyst View for Monday
Kunal Singla suggests that commodity equities rose 0.84 percent but five of six contracts fell, so the picture is mixed rather than firm.
Ankit Jaiswal flags that equities rose while the futures fell, so the two are sending different signals and Monday’s open will show which one holds.
This commodity market prediction for monday will be most useful when read alongside the support and resistance table above.
Why This Is Written for Monday
This commodity market prediction for monday is written after the close on Friday, 6 November 2026, using Friday’s closing data, for the next regular trading session on Monday, 9 November 2026. Regular equity trading is closed on Saturday, 7 November. On Sunday, 8 November, NSE and BSE hold a special Muhurat trading session for Diwali Laxmi Pujan from 2:20 PM to 3:30 PM, so prices can move before Monday opens. Treat this as a briefing to prepare for Monday’s session, not a live call that updates over the weekend.
MCX futures trade late into Friday night and then pause for the weekend, so global moves after Friday’s close can open Monday with a gap. MCX evening trade continues on Tuesday, 10 November, even though NSE equities are closed.
A fair reading of this commodity market prediction for monday is that Friday’s data sets the context, while Monday’s first hour decides how much of it carries forward.
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Risks to This Prediction
- A reversal in the US Dollar Index could change the tone for bullion and metals.
- The commodity index rose far less than the Nifty 50, and the futures fell, so the gain in equities may not carry over.
- Crude oil closed near its low, so a gap lower at Monday’s open is possible.
Readers comparing views should note that this commodity market prediction for monday draws only on Friday’s closing numbers and the factors listed here.
As with any commodity market prediction for monday, the opening minutes of Monday’s trade will confirm or challenge the levels discussed here.
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The commodity market prediction for monday also depends on India VIX, so a fresh rise in volatility would weaken the case made here.
Conclusion
The commodity market prediction for monday leans mixed into 9 November 2026, with global cues and the US Dollar Index as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Monday’s opening trade confirms direction.
Disclaimer: Investments in securities are subject to market risk. Read all related documents carefully before investing. The information provided here is for educational purposes only and does not constitute investment advice. Univest is a SEBI-registered investment adviser (Registration No. INH000013776). Past performance is not indicative of future returns.
Frequently Asked Questions
What is the commodity market prediction for monday?
Ans. It is mixed for 9 November 2026, with commodity equities higher but five of six MCX contracts lower after Friday’s session.
Why is this a prediction for Monday, 9 November 2026?
Ans. Because regular Indian equity trading is closed on Saturday and Sunday, so the next regular session after Friday, 6 November 2026, is Monday, 9 November 2026. A special Muhurat session is scheduled on Sunday, 8 November.
What drove the commodity market on Friday?
Ans. Gold, silver, crude oil, copper and zinc fell on MCX while the Nifty Commodities index gained 0.84 percent and natural gas rose. The specific triggers were not independently confirmed.
Which commodities are strongest going into Monday?
Ans. Natural gas was the only contract to rise on Friday, based on MCX futures, while crude oil was the weakest.
Is this a buy or sell call?
Ans. No. This is an educational outlook from Univest’s research team, not a buy or sell call. Traders should check any view against their own risk plan before acting.
