Currency & Commodity Briefing
Daily USD/INR, gold, silver, crude oil and natural-gas outlook for Indian traders, importers and exporters.
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The dashboard reflects USD/INR -0.15%, Gold +1.45%, Silver +0.82%, Brent -1.60%, WTI -1.27%, Nat Gas +1.91%.
- Prev close
- 95.29
- Day high
- —
- Day low
- —
- Source
- NSE / Upstox
- MCX Gold ₹/10g
- 1,45,850
- MCX change %
- -1.75%
- Prev close
- 4,107.90
- Source
- Yahoo / Upstox
- MCX Silver ₹/kg
- 2,07,990
- MCX change %
- -0.17%
- Gold/Silver
- 73.97
- Source
- Yahoo / Upstox
- WTI
- 93.88
- MCX ₹/bbl
- 9,090
- Brent-WTI
- 10.48
- Source
- Yahoo / Upstox
- MCX ₹/MMBtu
- 304.3
- MCX change %
- -2.78%
- Prev close
- 3.20
- Source
- Yahoo / Upstox
Cross pairs
Importer & exporter impact
- USD payment cost
- mildly supportive
- Crude / energy cost
- supportive
- Bullion procurement
- adverse
- Nat-gas cost
- adverse
A ₹0.10 change in USD/INR alters a USD 1,00,000 payment by ≈ ₹10,000 before bank spreads and charges.
- USD realisation
- mildly adverse
- EUR realisation
- mildly supportive
- GBP realisation
- neutral
Impact reflects USD/INR direction and EUR/USD, GBP/USD cross moves. Not a hedging recommendation.
| Business type | Relevant instruments | Today's sensitivity |
|---|---|---|
| Oil importers | Brent, WTI, USD/INR | supportive |
| Airlines | Crude oil, USD/INR | supportive |
| Paint companies | Crude derivatives, USD/INR | supportive |
| Jewellers | Gold, Silver, USD/INR | adverse |
| Fertiliser companies | Natural gas, USD/INR | adverse |
| IT exporters | USD/INR | mildly adverse |
| Textile exporters | USD/INR, EUR/USD | mildly supportive |
| Metal users | Silver, USD/INR | adverse |
USD / INR — detailed analysis
Near-month future- Price
- 95.1400
- Change
- -0.1472
- % change
- -0.15%
- Prev close
- 95.2872
- Source
- NSE / Upstox
- USD/INR is trading lower at 95.14 (-0.15%).
- Brent crude is lower; softer crude prices are broadly rupee-supportive.
- Prev high
- 95.43
- Prev low
- 94.99
- Prev close
- 95.29
- Pivot
- 95.24
- S1
- 95.04
- S2
- 94.80
- R1
- 95.48
- R2
- 95.68
Technical levels are classic pivot points calculated from the previous day's high / low / close. General market reference points — not personalised trading recommendations.
Gold — detailed analysis
Gold/Silver ratio: 73.97- International
- 4,167.30
- % change (intl)
- 1.45%
- MCX Gold ₹/10g
- 1,45,850
- MCX % change
- -1.75%
- Prev close
- 4,107.90
- MCX Gold Mini
- 1,44,631
- Source
- Yahoo / Upstox
- International price is higher at 4167.3 (+1.45%).
- MCX price is lower (-1.75%) — the MCX contract is trading at a discount to the international basis.
- A lower rupee (-0.15%) is weighing on the rupee-denominated MCX print.
- International
- ▲ 1.45%
- USD/INR contribution
- ▼ -0.15%
- Residual (basis / timing)
- ▼ -3.04%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 4,226.70
- Prev low
- 4,048.50
- Prev close
- 4,107.90
- Pivot
- 4,127.70
- S1
- 4,028.70
- S2
- 3,949.50
- R1
- 4,206.90
- R2
- 4,305.90
Technical levels are classic pivot points calculated from the previous day's high / low / close. General market reference points — not personalised trading recommendations.
Silver — detailed analysis
Gold/Silver ratio: 73.97- International
- 56.34
- % change (intl)
- 0.82%
- MCX Silver ₹/kg
- 2,07,990
- MCX % change
- -0.17%
- Prev close
- 55.88
- MCX Silver Mini
- 2,10,800
- Source
- Yahoo / Upstox
- International price is higher at 56.34 (+0.82%).
- MCX price is lower (-0.17%) — the MCX contract is trading at a discount to the international basis.
- A lower rupee (-0.15%) is weighing on the rupee-denominated MCX print.
- International
- ▲ 0.82%
- USD/INR contribution
- ▼ -0.15%
- Residual (basis / timing)
- ▼ -0.84%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 56.80
- Prev low
- 55.42
- Prev close
- 55.88
- Pivot
- 56.03
- S1
- 55.27
- S2
- 54.65
- R1
- 56.65
- R2
- 57.41
Technical levels are classic pivot points calculated from the previous day's high / low / close. General market reference points — not personalised trading recommendations.
Crude oil — detailed analysis
Brent-WTI spread: 10.48 USD/bbl- Brent
- 104.36
- Brent % change
- -1.60%
- WTI
- 93.88
- MCX Crude ₹/bbl
- 9,090
- Prev close (Brent)
- 106.06
- MCX % change
- 1.53%
- Source
- Yahoo / Upstox
- Brent is lower at 104.36 USD/bbl (-1.60%).
- WTI is lower (-1.27%), Brent-WTI spread at +10.48 USD/bbl.
- MCX Crude is higher (+1.53%) — rupee move (USD/INR -0.15%) contributes to the local print.
- International
- ▼ -1.60%
- USD/INR contribution
- ▼ -0.15%
- Residual (basis / timing)
- ▲ 3.29%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 107.76
- Prev low
- 102.66
- Prev close
- 106.06
- Pivot
- 105.49
- S1
- 103.23
- S2
- 100.39
- R1
- 108.33
- R2
- 110.59
Technical levels are classic pivot points calculated from the previous day's high / low / close. General market reference points — not personalised trading recommendations.
Natural gas — detailed analysis
Henry Hub vs MCX- Henry Hub
- 3.260
- % change (intl)
- 1.91%
- MCX ₹/MMBtu
- 304.3
- MCX % change
- -2.78%
- Prev close (HH)
- 3.200
- Source
- Yahoo / Upstox
- Henry Hub natural gas is higher at 3.26 USD/MMBtu (+1.91%).
- MCX Natural Gas is lower (-2.78%).
- USD/INR -0.15% is a headwind for the rupee-denominated contract.
- International
- ▲ 1.91%
- USD/INR contribution
- ▼ -0.15%
- Residual (basis / timing)
- ▼ -4.53%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 3.32
- Prev low
- 3.14
- Prev close
- 3.20
- Pivot
- 3.22
- S1
- 3.12
- S2
- 3.04
- R1
- 3.30
- R2
- 3.40
Technical levels are classic pivot points calculated from the previous day's high / low / close. General market reference points — not personalised trading recommendations.
Currency movement impact calculator
Illustrative only. Excludes bank spreads, forward premia, taxes and transaction charges. Not a hedging recommendation.
- At current rate
- ₹95,14,000
- At comparison rate
- ₹95,64,000
- Additional cost
- +₹50,000
- Per ₹0.10 move
- ₹10,000
- Per 1% move
- ₹95,140
Economic & event calendar
- 23:30US FOMC Rate Decision + Powell PresserAll marketsGoldSilver
- 23:30US US Non-Farm Payrolls (Oct)GoldSilverUSD/INR
- 23:30US US CPI (Oct)GoldSilverUSD/INR
Key currency & commodity news
- Currency15 Oct 2026, 7:32 am ISTDollar retreats from 18-month high despite hot CPI as Fed officials temper hike bets
The dollar has fallen back after peaking at an 18-month high, fueled by stronger than expected inflation data. Expectations of an October rate hike were moderated by prudent remarks from Federal Reserve officials. With Treasury yields decreasing, the dollar slipped against key cu
Economic Times - Bullion15 Oct 2026, 7:30 am ISTGold steadies after hitting one-week low
Gold prices have stabilized after recently dipping to a one-week low, now sitting at $4,114.57 per ounce. This slight recovery follows an uptick in US consumer prices, primarily driven by rising gasoline costs, pushing discussions about potential interest rate hikes. Currently, t
Economic Times - Currency14 Oct 2026, 2:50 pm ISTRupee’s Relentless Slide Draws Importers Into RBI Currency Fight - Bloomberg.com
Rupee’s Relentless Slide Draws Importers Into RBI Currency Fight Bloomberg.com
Bloomberg - Energy15 Oct 2026, 7:27 am ISTOil prices fall as investors weigh supply outlook, Middle East tensions
Oil prices experienced a downturn as investors weigh the repercussions of shipping assaults in the Strait of Hormuz, particularly from Houthi attacks on Saudi Aramco, heightening supply disruption fears. In response, the US is considering relaxing sanctions on oil transport vesse
Economic Times - Economic Data15 Oct 2026, 1:38 am ISTBerkshire Hathaway adds $330mn to stake in tech group Bending Spoons
Shares of conglomerate that owns AOL and Vimeo jumped more than 40% on news of expanded investment before dropping back
Financial Times - Economic Data15 Oct 2026, 2:06 am ISTUS chip stocks slide as inflation and AI debt fears unsettle investors
Investors rush into Treasuries as sell-off triggers demand for haven assets
Financial Times
Five things to know in currency & commodities today
- 1Dollar retreats from 18-month high despite hot CPI as Fed officials temper hike bets
The dollar has fallen back after peaking at an 18-month high, fueled by stronger than expected inflation data. Expectations of an October rate hike were moderated by prudent remarks from Federal Reserve officials. With Treasury yields decreasing, the dollar slipped against key cu
Economic Times · 15 Oct 2026, 7:32 am IST - 2Gold steadies after hitting one-week low
Gold prices have stabilized after recently dipping to a one-week low, now sitting at $4,114.57 per ounce. This slight recovery follows an uptick in US consumer prices, primarily driven by rising gasoline costs, pushing discussions about potential interest rate hikes. Currently, t
Economic Times · 15 Oct 2026, 7:30 am IST - 3Rupee’s Relentless Slide Draws Importers Into RBI Currency Fight - Bloomberg.com
Rupee’s Relentless Slide Draws Importers Into RBI Currency Fight Bloomberg.com
Bloomberg · 14 Oct 2026, 2:50 pm IST - 4Oil prices fall as investors weigh supply outlook, Middle East tensions
Oil prices experienced a downturn as investors weigh the repercussions of shipping assaults in the Strait of Hormuz, particularly from Houthi attacks on Saudi Aramco, heightening supply disruption fears. In response, the US is considering relaxing sanctions on oil transport vesse
Economic Times · 15 Oct 2026, 7:27 am IST - 5Berkshire Hathaway adds $330mn to stake in tech group Bending Spoons
Shares of conglomerate that owns AOL and Vimeo jumped more than 40% on news of expanded investment before dropping back
Financial Times · 15 Oct 2026, 1:38 am IST
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