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Commodity Market Prediction for Tomorrow, 11 November 2026

MCX contracts settled in a split pattern. Nifty 50 rose 0.23% to 25,044.65 on Monday. India VIX fell 5.48% to 17.42. Next regular session is tomorrow, Wednesday, 11 November.


10 Nov 2026 • 3:58 pm

Commodity Market Prediction for Tomorrow, 11 November 2026

Quick Answer

The commodity market prediction for tomorrow is mixed for Wednesday, 11 November 2026. The six MCX contracts Univest tracks settled in a split pattern on Monday: natural gas settled 5.62 percent above its open, copper 0.40 percent above and zinc 0.33 percent above, while crude oil settled 4.02 percent below, silver 0.78 percent below and gold 0.28 percent below. Energy contracts drove the dispersion, since crude oil and natural gas moved in opposite directions, while the metals stayed within a narrow band.

This commodity market prediction for tomorrow follows a Monday, 9 November 2026 session in which MCX commodity futures settled in a split pattern, with natural gas settling 5.62 percent above its open and crude oil 4.02 percent below.

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 the market reopening. Indian equity markets are closed today, Tuesday, 10 November 2026, for Diwali Balipratipada, so Monday's close is the latest data available.

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What Monday Told Us

  • Natural gas settled 5.62 percent above its open and crude oil 4.02 percent below, the two widest moves among the six contracts Univest tracks.
  • Nifty 50 rose 0.23 percent to 25,044.65, measured against Sunday's Muhurat session close.
  • India VIX fell 5.48 percent to 17.42.
  • Most active among the stocks Univest tracked: HDFC Bank (about 64.8 million shares), Zee Entertainment (about 44.8 million) and ICICI Bank (about 27.5 million).

Commodity Market Prediction for Tomorrow: Key Levels

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

Contract Settlement Support (Monday low) Resistance (Monday high)
Gold (4 Dec) 143,166.00 143,031.00 144,400.00
Silver (4 Dec) 187,127.00 185,919.00 189,399.00
Crude Oil (19 Nov) 8,229.00 8,088.00 8,593.00
Natural Gas (24 Nov) 300.50 282.50 301.80
Copper (30 Nov) 1,351.40 1,345.00 1,355.05
Zinc (30 Nov) 413.50 412.00 416.00

For traders, the commodity market prediction for tomorrow is a framework for planning risk, with position size and stop levels left to the individual.

Key Drivers for Wednesday

  • Natural gas settled 5.62 percent above its open, while crude oil settled 4.02 percent below, so energy pulled in opposite directions.
  • Silver settled 0.78 percent below its open and gold 0.28 percent below, so the precious metals leaned lower together.
  • Copper settled 0.40 percent above its open and zinc 0.33 percent above, so base metals held modest gains.

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

Anyone following the commodity market prediction for tomorrow should keep the opening range in view before reading too much into early moves after the holiday break.

Nothing in this commodity market prediction for tomorrow is a promise of returns, and every level quoted can fail.

What to Watch Across the Commodity Market

The Nifty 50 rose 0.23 percent on Monday, so Indian equities and the commodity complex did not move as one block. 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 0.46 percent, as a rough equity read-through for metals.

In short, the commodity market prediction for tomorrow rests on Monday's verified close and the holiday-gap risks listed below.

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

How Monday's Broader Session Unfolded

The Sensex closed at 81,106.65, up 0.13 percent, while the Bank Nifty closed at 59,741.25, up 1.51 percent, at the high of the day. Nifty PSU Bank jumped 3.73 percent and Nifty Pharma rose 1.65 percent, while Nifty IT fell 1.22 percent and Nifty Metal fell 0.46 percent. The Nifty 50 closed at 25,044.65 on Monday, up 0.23 percent from Sunday's Muhurat close of 24,986.40 and about 14 points above Friday's regular close of 25,030.35. It opened at 25,076.40, slipped to a low of 24,838.75 and recovered about 206 points to finish roughly 39 points below the day's high of 25,084.05. India VIX, the market's fear gauge, fell 5.48 percent to 17.42 from 18.43, a sign that traders priced in smaller swings by the close than at the open. Nifty Next 50 rose 1.11 percent, Nifty Midcap 50 rose 0.53 percent and the Nifty 500 rose 0.33 percent, so the rise reached beyond the index heavyweights. NSE's holiday calendar shows equity trading is closed on Tuesday, 10 November 2026, for Diwali Balipratipada, and resumes on Wednesday, 11 November. The trigger for Monday's moves was not independently confirmed.

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

Analyst View for Wednesday

Kunal Singla suggests that the split between energy and metals means a single call on the whole group is less useful than reading each contract against its own range.

Ankit Jaiswal flags that crude oil and natural gas are the swing factors, so a settlement back toward the open in either contract would change the tone of the group.

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

A fair reading of this commodity market prediction for tomorrow is that Monday's data sets the context, while Wednesday's first hour decides how much of it carries forward.

Why This Is Written for Tomorrow

This commodity market prediction for tomorrow is written on Tuesday, 10 November 2026, using the latest closing data from Monday, 9 November 2026, for the next regular trading session tomorrow, Wednesday, 11 November 2026. NSE and BSE are closed today for Diwali Balipratipada, so there is no fresh equity close between Monday and Wednesday's open. A special Muhurat session ran on Sunday, 8 November from 2:20 PM to 3:30 PM, and the change figures here are measured against its close.

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

MCX contracts keep trading into the evening, so prices at the time you read this can differ from the settlement 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.
  • Energy contracts can reverse quickly after the size of Monday's moves.
  • Moves overseas during the Indian equity holiday can open MCX evening trade with a gap.

Readers comparing views should note that this commodity market prediction for tomorrow draws only on Monday's closing numbers and the factors listed here.

As with any commodity market prediction for tomorrow, the opening minutes of Wednesday's trade will confirm or challenge the levels discussed here.

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Conclusion

The commodity market prediction for tomorrow leans balanced into 11 November 2026, with crude oil, the US Dollar Index and weather-driven gas moves as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Wednesday'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 tomorrow?

Ans. It is mixed for 11 November 2026, after MCX contracts settled in a split pattern on Monday.

Why is this a prediction for tomorrow, 11 November 2026?

Ans. Because this note is published on Tuesday, 10 November 2026, and the next regular trading session is tomorrow, Wednesday, 11 November 2026. Indian equity markets are closed today for Diwali Balipratipada, so the latest closing data is from Monday, 9 November 2026.

Which commodities moved most on Monday?

Ans. Natural gas settled 5.62 percent above its open and crude oil 4.02 percent below, the widest moves among the six MCX contracts Univest tracks. The specific reasons were not independently confirmed.

What levels matter for the commodity market tomorrow?

Ans. Each contract has its own range. Support sits at Monday's low and resistance at Monday's high for gold (143,031.00 and 144,400.00), silver (185,919.00 and 189,399.00), crude oil (8,088.00 and 8,593.00), natural gas (282.50 and 301.80), copper (1,345.00 and 1,355.05) and zinc (412.00 and 416.00).

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.

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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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