Currency & Commodity Briefing
Daily USD/INR, gold, silver, crude oil and natural-gas outlook for Indian traders, importers and exporters.
The dashboard reflects USD/INR +0.28%, Gold -0.20%, Silver -1.08%, Brent +0.08%, WTI +0.45%, Nat Gas -1.10%.
- Prev close
- 94.82
- Day high
- —
- Day low
- —
- Source
- NSE / Upstox
- MCX Gold ₹/10g
- 1,53,721
- MCX change %
- 0.75%
- Prev close
- 4,460.70
- Source
- Yahoo / Upstox
- MCX Silver ₹/kg
- 2,44,300
- MCX change %
- 2.04%
- Gold/Silver
- 65.55
- Source
- Yahoo / Upstox
- WTI
- 96.48
- MCX ₹/bbl
- 9,118
- Brent-WTI
- 4.81
- Source
- Yahoo / Upstox
- MCX ₹/MMBtu
- 269.2
- MCX change %
- -1.86%
- Prev close
- 2.82
- Source
- Yahoo / Upstox
Cross pairs
Importer & exporter impact
- USD payment cost
- mildly adverse
- Crude / energy cost
- neutral
- Bullion procurement
- mildly supportive
- Nat-gas cost
- supportive
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 supportive
- EUR realisation
- neutral
- 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 | mildly adverse |
| Airlines | Crude oil, USD/INR | mildly adverse |
| Paint companies | Crude derivatives, USD/INR | neutral |
| Jewellers | Gold, Silver, USD/INR | mildly supportive |
| Fertiliser companies | Natural gas, USD/INR | supportive |
| IT exporters | USD/INR | mildly supportive |
| Textile exporters | USD/INR, EUR/USD | mildly supportive |
| Metal users | Silver, USD/INR | mildly supportive |
USD / INR — detailed analysis
Near-month future- Price
- 95.0900
- Change
- 0.2670
- % change
- 0.28%
- Prev close
- 94.8230
- Source
- NSE / Upstox
- USD/INR is trading higher at 95.09 (+0.28%).
- Brent crude is higher; crude oil is broadly steady, limiting its impact on the rupee.
- Prev high
- 95.36
- Prev low
- 94.56
- Prev close
- 94.82
- Pivot
- 94.91
- S1
- 94.47
- S2
- 94.11
- R1
- 95.27
- R2
- 95.71
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: 65.55- International
- 4,451.70
- % change (intl)
- -0.20%
- MCX Gold ₹/10g
- 1,53,721
- MCX % change
- 0.75%
- Prev close
- 4,460.70
- MCX Gold Mini
- 1,53,949
- Source
- Yahoo / Upstox
- International price is lower at 4451.7 (-0.20%).
- MCX price is higher (+0.75%) — the MCX contract is trading at a premium to the international basis.
- A higher rupee (+0.28%) is supporting the rupee-denominated MCX print.
- International
- ▼ -0.20%
- USD/INR contribution
- ▲ 0.28%
- Residual (basis / timing)
- ▲ 0.67%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 4,469.70
- Prev low
- 4,442.70
- Prev close
- 4,460.70
- Pivot
- 4,457.70
- S1
- 4,445.70
- S2
- 4,430.70
- R1
- 4,472.70
- R2
- 4,484.70
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: 65.55- International
- 67.91
- % change (intl)
- -1.08%
- MCX Silver ₹/kg
- 2,44,300
- MCX % change
- 2.04%
- Prev close
- 68.65
- MCX Silver Mini
- 2,45,800
- Source
- Yahoo / Upstox
- International price is lower at 67.91 (-1.08%).
- MCX price is higher (+2.04%) — the MCX contract is trading at a premium to the international basis.
- A higher rupee (+0.28%) is supporting the rupee-denominated MCX print.
- International
- ▼ -1.08%
- USD/INR contribution
- ▲ 0.28%
- Residual (basis / timing)
- ▲ 2.84%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 69.39
- Prev low
- 67.17
- Prev close
- 68.65
- Pivot
- 68.40
- S1
- 67.42
- S2
- 66.18
- R1
- 69.64
- R2
- 70.62
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: 4.81 USD/bbl- Brent
- 101.29
- Brent % change
- 0.08%
- WTI
- 96.48
- MCX Crude ₹/bbl
- 9,118
- Prev close (Brent)
- 101.21
- MCX % change
- 4.40%
- Source
- Yahoo / Upstox
- Brent is higher at 101.29 USD/bbl (+0.08%).
- WTI is higher (+0.45%), Brent-WTI spread at +4.81 USD/bbl.
- MCX Crude is higher (+4.40%) — rupee move (USD/INR +0.28%) contributes to the local print.
- International
- ▲ 0.08%
- USD/INR contribution
- ▲ 0.28%
- Residual (basis / timing)
- ▲ 4.04%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 101.37
- Prev low
- 101.13
- Prev close
- 101.21
- Pivot
- 101.24
- S1
- 101.10
- S2
- 101.00
- R1
- 101.34
- R2
- 101.48
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
- 2.790
- % change (intl)
- -1.10%
- MCX ₹/MMBtu
- 269.2
- MCX % change
- -1.86%
- Prev close (HH)
- 2.820
- Source
- Yahoo / Upstox
- Henry Hub natural gas is lower at 2.79 USD/MMBtu (-1.10%).
- MCX Natural Gas is lower (-1.86%).
- USD/INR +0.28% is a supportive tailwind for the rupee-denominated contract.
- International
- ▼ -1.10%
- USD/INR contribution
- ▲ 0.28%
- Residual (basis / timing)
- ▼ -1.04%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 2.85
- Prev low
- 2.76
- Prev close
- 2.82
- Pivot
- 2.81
- S1
- 2.77
- S2
- 2.72
- R1
- 2.86
- R2
- 2.90
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
- ₹95,09,000
- At comparison rate
- ₹95,59,000
- Additional cost
- +₹50,000
- Per ₹0.10 move
- ₹10,000
- Per 1% move
- ₹95,090
Economic & event calendar
- 23:30US US CPI (Aug)GoldSilverUSD/INR
- 23:30US FOMC Rate Decision + Powell Presser (SEP)All marketsGoldSilver
- 23:30US US Non-Farm Payrolls (Sep)GoldSilverUSD/INR
- 23:30US US CPI (Sep)GoldSilverUSD/INR
Key currency & commodity news
- Currency9 Sept 2026, 6:20 pm ISTRBI uses currency swaps to cut $115 bn cash surplusEconomic Times
- Currency9 Sept 2026, 7:54 am ISTRupee falls past 95/USD as oil climbs, RBI taps swaps to drain excess cash - reuters.com
Rupee falls past 95/USD as oil climbs, RBI taps swaps to drain excess cash reuters.com
Reuters - Energy10 Sept 2026, 12:49 am ISTOil hits $100 for first time since July
Brent crude advances as escalation in US-Iran war feeds fears of renewed global supply crunch
Financial Times - Energy10 Sept 2026, 6:33 am ISTGlobal Market Today: Asian stocks to fall as oil stokes inflation fears
Equity-index futures for Japan, South Korea and Australia pointed lower after the S&P 500 Index fell 0.5%, led by industrial and consumer-discretionary shares. The Nasdaq 100 Index dropped 0.3% as Nvidia Corp., Amazon.com Inc. and Alphabet Inc. declined. Contracts for US stoc
Economic Times - Currency8 Sept 2026, 11:27 pm ISTIndia's NSE likely to price IPO at 1,700-1,785 rupees per share, source says - reuters.com
India's NSE likely to price IPO at 1,700-1,785 rupees per share, source says reuters.com
Reuters
Five things to know in currency & commodities today
- 1RBI uses currency swaps to cut $115 bn cash surplusEconomic Times · 9 Sept 2026, 6:20 pm IST
- 2Rupee falls past 95/USD as oil climbs, RBI taps swaps to drain excess cash - reuters.com
Rupee falls past 95/USD as oil climbs, RBI taps swaps to drain excess cash reuters.com
Reuters · 9 Sept 2026, 7:54 am IST - 3Oil hits $100 for first time since July
Brent crude advances as escalation in US-Iran war feeds fears of renewed global supply crunch
Financial Times · 10 Sept 2026, 12:49 am IST - 4Global Market Today: Asian stocks to fall as oil stokes inflation fears
Equity-index futures for Japan, South Korea and Australia pointed lower after the S&P 500 Index fell 0.5%, led by industrial and consumer-discretionary shares. The Nasdaq 100 Index dropped 0.3% as Nvidia Corp., Amazon.com Inc. and Alphabet Inc. declined. Contracts for US stoc
Economic Times · 10 Sept 2026, 6:33 am IST - 5India's NSE likely to price IPO at 1,700-1,785 rupees per share, source says - reuters.com
India's NSE likely to price IPO at 1,700-1,785 rupees per share, source says reuters.com
Reuters · 8 Sept 2026, 11:27 pm IST
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