Commodity Market Prediction for Tomorrow 3 June 2026: MCX Gold, Silver, Crude, Copper and Base Metals
- June 2, 2026
- Posted by: Ankit Jaiswal
- Category: News
The commodity market prediction for tomorrow 3 June 2026 is mixed, with precious metals (Gold and Silver) bullish on US Dollar weakness and US-Iran deal progress, while energy (Crude Oil, Natural Gas) remains bearish on supply expectations. MCX Gold extended its rally to Rs 1,61,200 per 10 grams on 2 June 2026. MCX Crude Oil declined further to Rs 8,520 per barrel, now 18 per cent below the May high. GIFT Nifty at +76.45 points reduces equity risk-off pressure in the commodity market prediction for tomorrow.
Click Here – Get Free Investment Predictions
MCX Commodity Prices 2 June 2026: The Commodity Market Prediction for Tomorrow Setup
| Commodity | 2 June Close | Unit | Support | Resistance | Bias |
|---|---|---|---|---|---|
| Gold | Rs 1,61,200 | per 10g | Rs 1,59,500 | Rs 1,63,000 | Bullish |
| Silver | Rs 2,68,500 | per kg | Rs 2,65,500 | Rs 2,72,000 | Bullish |
| Crude Oil | Rs 8,520 | per barrel | Rs 8,450 | Rs 8,700 | Bearish |
| Copper | Rs 1,292 | per kg | Rs 1,283 | Rs 1,305 | Cautious |
| Natural Gas | Rs 265 | per MMBtu | Rs 261 | Rs 272 | Bearish |
| Zinc | Rs 284 | per kg | Rs 280 | Rs 290 | Cautious |
3 Stocks Building Serious Momentum Right Now
When Univest analysts identify high-conviction stock opportunities, investors pay attention.
Our research team has now shortlisted the Top Stocks to Buy based on current market momentum, sector trends & growth potential for 2026.
- Discover stocks investors are actively accumulating
- High-conviction opportunities backed by research
- Designed for the next phase of market growth
Unlock the latest Top Stock Picks now on Univest
The commodity market prediction for tomorrow shows a clear bifurcation. Gold and Silver are benefiting from US-Iran deal progress reducing crude oil prices while simultaneously weakening the US Dollar, boosting dollar-denominated precious metals. Crude Oil and Natural Gas face supply-side pressure: US-Iran deal expectations raised supply outlook while US gas production near 109.4 bcfd keeps Natural Gas bearish. Copper and Zinc face India-specific headwinds from below-normal monsoon forecasts reducing domestic electrification and construction demand assumptions.
Commodity Market Prediction for Tomorrow 3 June 2026: Analyst View
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. Jaiswal flags the gold-silver ratio declining as a signal that silver has more catch-up potential than gold.
Kunal Singla, Associate Director at Univest, observes that the commodity market prediction for tomorrow for crude oil is the most bearish in May-June 2026. MCX Crude at Rs 8,520 has support at Rs 8,450. A break below this level opens Rs 8,320 in the commodity market prediction for tomorrow. OPEC plus compliance data and US-Iran deal timeline are the two key catalysts to monitor.
Download the Univest iOS App or Univest Android App for live market data and daily expert predictions.
Conclusion: Commodity Market Prediction for Tomorrow 3 June 2026
Commodity market prediction for tomorrow 3 June 2026: Gold (Rs 1,61,200) and Silver (Rs 2,68,500) are bullish. Crude Oil (Rs 8,520) and Natural Gas (Rs 265) are bearish. Copper (Rs 1,292) and Zinc (Rs 284) are cautious. GIFT Nifty +76.45 pts reduces risk-off but commodity market prediction for tomorrow remains sector-specific. All levels educational only.
Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. SEBI Reg: INH000012449.
Frequently Asked Questions
What is the commodity market prediction for tomorrow 3 June 2026?
Ans. Mixed. Gold bullish (Rs 1,61,200, support Rs 1,59,500). Silver bullish (Rs 2,68,500). Crude bearish (Rs 8,520). Natural Gas bearish (Rs 265). Copper cautious (Rs 1,292). Zinc cautious (Rs 284).
What is the MCX Gold prediction for tomorrow 3 June 2026?
Ans. Bullish. Gold at Rs 1,61,200/10g on US Dollar weakness and US-Iran deal catalyst. Support Rs 1,59,500, resistance Rs 1,63,000.
What is the MCX Crude Oil prediction for tomorrow 3 June 2026?
Ans. Bearish. Crude at Rs 8,520/barrel, down 18% from May high. US-Iran supply expectations cap upside. Support Rs 8,450, resistance Rs 8,700.
What is the MCX Silver prediction for tomorrow 3 June 2026?
Ans. Bullish. Silver at Rs 2,68,500/kg tracking gold higher on Dollar weakness. Gold-silver ratio declining suggests silver has more upside. Support Rs 2,65,500, resistance Rs 2,72,000.
What are global factors for commodity market prediction for tomorrow?
Ans. US-Iran deal progress (bearish crude, bullish gold/silver), US Dollar Index direction, and GIFT Nifty +76 pts reducing equity risk-off pressure. These shape the this prediction 3 June 2026.
