Commodity Market Prediction for Monday, 16 November 2026

This commodity market prediction for Monday follows a Friday, 13 November 2026 session in which four of the six MCX commodity contracts Univest tracks fell from their previous settlements, led by natural gas at 1.37 percent, while gold rose 0.49 percent and crude oil rose 0.07 percent.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking global cues and currency moves across MCX contracts ahead of Monday's session, the next regular trading day after Friday's close.

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What Friday Told Us

• Natural gas fell 1.37 percent, the widest fall, while gold rose 0.49 percent, the largest gain among the six contracts Univest tracks.
• Nifty 50 fell 0.61 percent to 25,144.30.
• India VIX fell 5.05 percent to 15.78.
• Most active among the stocks Univest tracked: Zee Entertainment (about 47.5 million shares), HDFC Bank (about 23.4 million) and Reliance Industries (about 13.8 million).

Commodity Market Prediction for Monday: Key Levels

The table below lists the price of each contract with its Friday low as support and its Friday high as resistance. Each contract is read on its own, and the levels are reference points drawn from Friday's range, not targets.

Contract	Price	Support (Friday low)	Resistance (Friday high)
Gold (4 Dec)	136,891.00	136,455.00	137,587.00
Silver (4 Dec)	178,393.00	177,128.00	180,199.00
Crude Oil (19 Nov)	8,306.00	8,291.00	8,417.00
Natural Gas (24 Nov)	308.80	308.60	316.40
Copper (30 Nov)	1,317.20	1,313.00	1,331.50
Zinc (30 Nov)	404.50	402.00	410.65

For traders, the 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

• Natural gas fell 1.37 percent and zinc fell 0.94 percent, the two widest falls among the six contracts.
• Copper fell 0.83 percent and silver fell 0.19 percent, so base metals weakened more than silver.
• Gold rose 0.49 percent and crude oil rose 0.07 percent, so those two contracts edged higher while the rest fell.

Ankit Jaiswal and Kunal Singla flag the first half hour of Monday's trade as the point to revisit this commodity market prediction for Monday.

Anyone following the commodity market prediction for Monday should keep the 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 Across the Commodity Market

The Nifty 50 fell 0.61 percent on Friday, so Indian equities and most of the commodity complex moved lower together, with gold the main exception. Traders who follow the group often watch the US Dollar Index first, then crude oil, since both feed into bullion, metals and energy together. Univest tracks the listed Nifty Metal index, which fell 0.98 percent, as a rough equity read-through for metals.

In short, the commodity market prediction for Monday rests on Friday's verified prices and the overnight risks listed below.

These are educational views, not buy calls, and each should be checked against your own risk plan before acting.

How Friday's Broader Session Unfolded

The Sensex closed at 81,592.45, down 0.39 percent, while the Bank Nifty closed at 61,034.10, down 0.79 percent, after opening at its high of 61,300.55. Nifty Auto fell 1.07 percent and Nifty Metal fell 0.98 percent, while Nifty FMCG was almost flat, down 0.01 percent, and Nifty PSU Bank fell 0.51 percent. The Nifty 50 closed at 25,144.30 on Friday, down 0.61 percent from Thursday's close of 25,299.35. It opened at 25,209.85, touched a high of 25,246.35, fell to 25,054.40 and finished about 90 points above the low. India VIX, the market's fear gauge, fell 5.05 percent to 15.78 from 16.62, after trading between 15.30 and 16.88 during the day. Nifty Next 50 fell 0.83 percent and the Nifty 500 fell 0.55 percent, while Nifty Midcap 50 was almost flat, down 0.04 percent, so mid-caps held up better than the large-cap benchmark. In the options market, the Nifty put-call ratio was approximately 0.83, with call open interest highest at the 25,500 strike and put open interest highest at 25,000, for the 17 November expiry. The trigger for Friday's moves was not independently confirmed.

Placed against that backdrop, the commodity market prediction for Monday reads Friday's move in the context of a broader market that closed lower.

Analyst View for Monday

Kunal Singla suggests that four of six contracts falling is a cautious signal, but gold's gain shows the group is not uniformly weak.

Ankit Jaiswal flags that natural gas and zinc are the weakest links, so a move back above their opens would change the tone of the group.

Both analysts stress that the commodity market prediction for Monday is a view built on levels and data, not a forecast of returns.

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.

Why This Is Written for Monday

This commodity market prediction for Monday is written on Friday, 13 November 2026, after the close, using today's closing data, for the next regular trading session on Monday, 16 November 2026. NSE and BSE traded as normal today, Saturday and Sunday are non-trading days, and Monday is a regular session with no exchange holiday.

Because the equity market is shut for the day, the commodity market prediction for Monday relies on Friday's close rather than any live price.

MCX contracts were still trading when the data was pulled at 3:39 PM IST and keep trading into the evening, so prices at the time you read this can differ from the figures above. Each contract is read against its own range.

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Risks to This Prediction

• A stronger US Dollar Index could pressure bullion and base metals together.
• After a broad fall, a sharp rebound can hit traders positioned for more weakness, led by natural gas and zinc.
• Moves overseas over the weekend can open MCX trade on Monday with a gap.

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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Conclusion

The commodity market prediction for Monday leans mildly cautious into 16 November 2026, with the US Dollar Index, crude oil and weather-driven gas moves 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 mildly cautious for 16 November 2026, after four of six MCX contracts fell on Friday.

Why is this a prediction for Monday, 16 November 2026?

Ans. Because this note is published on Friday, 13 November 2026, after the close, and the next regular trading session is Monday, 16 November 2026. Saturday and Sunday are non-trading days, and there is no exchange holiday on Monday.

Which commodities moved most on Friday?

Ans. Natural gas fell 1.37 percent and zinc fell 0.94 percent, the two widest falls among the six MCX contracts Univest tracks, while gold rose 0.49 percent. The specific reasons were not independently confirmed.

What levels matter for the commodity market on Monday?

Ans. Each contract has its own range. Support sits at Friday's low and resistance at Friday's high for gold (136,455.00 and 137,587.00), silver (177,128.00 and 180,199.00), crude oil (8,291.00 and 8,417.00), natural gas (308.60 and 316.40), copper (1,313.00 and 1,331.50) and zinc (402.00 and 410.65).

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.