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Commodity Market Prediction for Monday 8 June 2026: MCX Gold, Silver, Crude Oil, Copper and Zinc

Commodity market Monday 8 Jun: Gold Rs 1,62,100/10g (+0.40%), Crude Rs 8,380 (-0.36%), Copper Rs 1,305/kg (+0.54%). US NFP key driver.


5 Jun 20264:25 pm

Commodity Market Prediction for Monday 8 June 2026: MCX Gold, Silver, Crude Oil, Copper and Zinc

The commodity market prediction for Monday 8 June 2026 is mixed across MCX segments. Gold and Silver are bullish supported by safe-haven demand and a potential Dollar weakening on US NFP data released Friday evening. Crude Oil is cautiously bearish on US-Iran deal progress. Copper and Zinc are cautiously bullish on RBI’s dovish rate hold supporting India industrial capex. Natural Gas remains structurally bearish on supply surplus. Ankit Jaiswal and Kunal Singla at Univest provide the complete commodity market prediction for Monday 8 June 2026.

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Friday 5 June 2026 Market Close

  • Nifty 50: 23,366.70 (-0.21%). High 23,516.35, low 23,282.65. RBI held repo at 5.25%; market opened positive but gave back gains late session.
  • Bank Nifty: 54,496.25 (+0.35%). Hit +0.35% high intraday on RBI day. PSU banks outperformed; SBI high Rs 992.60.
  • India VIX: 15.79 (intraday low 13.46 — multi-week low). Declining VIX is constructive for Monday 8 June 2026 open.
  • Nifty IT: 29,010.30 (-0.99%). Wipro fell -2.91% post-buyback record date.
  • FII/DII (4 June): FII net Rs -4,475.76 Cr; DII net Rs +3,986.44 Cr.
  • Key event for Monday: US NFP data released tonight (5 June); Monday open will react to this first.

MCX Commodity Summary for Monday 8 June 2026

Commodity CMP (5 Jun) Unit Change Support Resistance Trend
Gold Rs 1,62,100 10g +0.40% Rs 1,60,000 Rs 1,63,500 Bullish
Silver Rs 2,71,500 kg +0.85% Rs 2,67,000 Rs 2,75,000 Bullish
Crude Oil Rs 8,380 barrel -0.36% Rs 8,200 Rs 8,550 Cautiously Bearish
Natural Gas Rs 259 mmBtu -1.15% Rs 250 Rs 268 Bearish
Copper Rs 1,305 kg +0.54% Rs 1,290 Rs 1,320 Cautiously Bullish
Zinc Rs 289 kg +1.05% Rs 284 Rs 296 Cautiously Bullish

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Ankit Jaiswal notes that the commodity market prediction for Monday is most clearly bullish in precious metals. Gold at Rs 1,62,100 and Silver at Rs 2,71,500 are supported by safe-haven demand ahead of the US CPI data due on 10 June. Kunal Singla observes that Crude Oil at Rs 8,380 faces the most event risk on Monday from any Iran-US deal development over the weekend.

Check the Univest Screener for live NSE/BSE data

Conclusion

The commodity market prediction for Monday 8 June 2026 is bullish for precious metals and base metals, and bearish for energy. Data sourced from open public platforms — verify from official MCX/NSE sources before trading.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.

Disclaimer: The securities quoted, if any, are for illustration purposes only and are not recommendatory. This article is for educational purposes only and shall not be considered as investment advice or a recommendation by Univest (Uniresearch Global Pvt Ltd, SEBI Registered Research Analyst INH000013776). Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Data is sourced from open public platforms including NSE and BSE and may be subject to revision. Verify data from official NSE/BSE sources before making any investment decision. Registration granted by SEBI in no way guarantees the performance of the intermediary or provides any assurance of returns to investors. Past performance is not indicative of future results.

Frequently Asked Questions

What is the commodity market prediction for Monday 8 June 2026?

Ans. Commodity market prediction for Monday 8 June: Gold Rs 1,62,100/10g (bullish), Silver Rs 2,71,500/kg (bullish), Crude Rs 8,380/barrel (bearish), Natural Gas Rs 259/mmBtu (bearish), Copper Rs 1,305/kg (bullish), Zinc Rs 289/kg (bullish).

What is MCX Gold prediction for Monday?

Ans. MCX Gold prediction for Monday is bullish near Rs 1,62,100/10g. Support Rs 1,60,000, resistance Rs 1,63,500. US NFP data and Iran geopolitics are key drivers.

What is MCX Crude Oil prediction for Monday?

Ans. MCX Crude Oil prediction for Monday is cautiously bearish near Rs 8,380/barrel. Support Rs 8,200, resistance Rs 8,550. US-Iran deal progress remains the key variable.

How does US NFP affect commodity market prediction for Monday?

Ans. The US NFP data released Friday evening directly impacts Monday’s commodity market. A weak NFP weakens the Dollar, boosting gold and silver. A strong NFP strengthens Dollar and pressures precious metals for the commodity market prediction for Monday.

What is MCX Silver prediction for Monday?

Ans. MCX Silver prediction for Monday is bullish near Rs 2,71,500/kg. Support Rs 2,67,000, resistance Rs 2,75,000. Industrial demand and gold momentum support Silver.

What is MCX Copper prediction for Monday?

Ans. MCX Copper prediction for Monday is cautiously bullish near Rs 1,305/kg. Support Rs 1,290, resistance Rs 1,320. RBI dovish hold supports India industrial capex demand outlook.

What is MCX Zinc prediction for Monday?

Ans. MCX Zinc prediction for Monday is cautiously bullish near Rs 289/kg. Support Rs 284, resistance Rs 296. Supply concerns from European smelter curtailments supporting prices.

What is MCX Natural Gas prediction for Monday?

Ans. MCX Natural Gas prediction for Monday is bearish near Rs 259/mmBtu. US record production at 109.4 bcfd and elevated inventories maintain downward pressure. Support Rs 250, resistance Rs 268.

Download the Univest iOS App or Univest Android App to track MCX commodity prices and get daily predictions from Univest.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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