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Commodities

MCX Commodity Market Mixed Ahead of August Expiration

Instruments
Oil Natural Gas
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The MCX commodity market prediction for Monday, August 24th, 2026, is mixed across segments. Crude Oil was a standout gainer with a 0.61% increase to Rs 8,353/bbl, while Natural Gas recovered modestly at +2.03% to Rs 266.40/mmBtu.

According to Ankit Jaiswal, the commodity market prediction for Monday favors Crude Oil (roll to Sep) and a Natural Gas bounce, while Kunal Singla advises caution on metals due to broad risk-off sentiment weighing on them.

The MCX Crude Oil August contract expired on 21st August, and rollover to September is mandatory. India VIX at 11.20 signals measured rather than panicked conditions across all commodities in the commodity market prediction for Monday.

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