Market Analysis

Currency & Commodity Briefing

Daily USD/INR, gold, silver, crude oil and natural-gas outlook for Indian traders, importers and exporters.

Data as of Powered by liveworldmarket.com
Archive snapshot · 2026-08-10

You are viewing the frozen 08:00 IST briefing from . Verdict: Rupee mildly firm; bullion firm; energy firm. Live values will not change on this page.

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Market verdict
Rupee mildly firm; bullion firm; energy firm

The dashboard reflects USD/INR -0.12%, Gold +1.06%, Silver +0.79%, Brent +0.96%, WTI +0.70%, Nat Gas +2.44%.

USD/INR -0.12%Gold +1.06%Silver +0.79%Brent +0.96%WTI +0.70%Nat Gas +2.44%
USD / INR (near-month future)
95.20
-0.11 (-0.12%)
Prev close
95.31
Day high
Day low
Source
NSE / Upstox
Gold
4,386.60USD/oz
45.90 (1.06%)
MCX Gold ₹/10g
1,51,985
MCX change %
2.10%
Prev close
4,340.70
Source
Yahoo / Upstox
Silver
63.83USD/oz
0.50 (0.79%)
MCX Silver ₹/kg
2,31,804
MCX change %
2.64%
Gold/Silver
68.72
Source
Yahoo / Upstox
Crude oil
84.35USD/bbl (Brent)
0.80 (0.96%)
WTI
78.73
MCX ₹/bbl
79
Brent-WTI
5.62
Source
Yahoo / Upstox
Natural gas
2.73USD/MMBtu
0.07 (2.44%)
MCX ₹/MMBtu
2.7
MCX change %
2.44%
Prev close
2.66
Source
Yahoo / Upstox

Cross pairs

EUR / INR
110.0198
0.40%
GBP / INR
128.3866
0.14%
JPY / INR
0.6014
0.20%
EUR / USD
1.1600
0.29%
GBP / USD
1.3500
0.26%

Importer & exporter impact

Importer sensitivity
USD payment cost
neutral
Crude / energy cost
adverse
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.

Exporter sensitivity
USD realisation
neutral
EUR realisation
mildly supportive
GBP realisation
mildly supportive

Impact reflects USD/INR direction and EUR/USD, GBP/USD cross moves. Not a hedging recommendation.

Business typeRelevant instrumentsToday's sensitivity
Oil importersBrent, WTI, USD/INRadverse
AirlinesCrude oil, USD/INRadverse
Paint companiesCrude derivatives, USD/INRadverse
JewellersGold, Silver, USD/INRadverse
Fertiliser companiesNatural gas, USD/INRadverse
IT exportersUSD/INRneutral
Textile exportersUSD/INR, EUR/USDmildly supportive
Metal usersSilver, USD/INRadverse

USD / INR — detailed analysis

Near-month future
Price
95.1980
Change
-0.1139
% change
-0.12%
Prev close
95.3119
Source
NSE / Upstox
Drivers
  • USD/INR is trading lower at 95.198 (-0.12%).
  • Brent crude is higher; elevated crude prices weigh on the rupee.
Technical scenarios
Current 95.20 · Between S1 and R1 — consolidation
Prev high
95.43
Prev low
95.08
Prev close
95.31
Pivot
95.27
S1
95.12
S2
94.93
R1
95.46
R2
95.62
Sustained trading above 95.4638 may indicate improving intraday momentum.
Trading between 95.1221 and 95.4638 indicates consolidation around the pivot.
A sustained move below 95.1221 may indicate weakening intraday momentum.

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: 68.72
International
4,386.60
% change (intl)
1.06%
MCX Gold ₹/10g
1,51,985
MCX % change
2.10%
Prev close
4,340.70
MCX Gold Mini
4,387
Source
Yahoo / Upstox
Drivers
  • International price is higher at 4386.6 (+1.06%).
  • MCX price is higher (+2.10%) — the MCX contract is trading at a premium to the international basis.
  • A lower rupee (-0.12%) is weighing on the rupee-denominated MCX print.
Why is the MCX price moving differently?
International
1.06%
USD/INR contribution
-0.12%
Residual (basis / timing)
1.16%

MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.

Technical scenarios
Current 4,386.60 · Between S1 and R1 — consolidation
Prev high
4,432.50
Prev low
4,294.80
Prev close
4,340.70
Pivot
4,356.00
S1
4,279.50
S2
4,218.30
R1
4,417.20
R2
4,493.70
Sustained trading above 4417.2 may indicate improving intraday momentum.
Trading between 4279.5 and 4417.2 indicates consolidation around the pivot.
A sustained move below 4279.5 may indicate weakening intraday momentum.

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: 68.72
International
63.83
% change (intl)
0.79%
MCX Silver ₹/kg
2,31,804
MCX % change
2.64%
Prev close
63.33
MCX Silver Mini
64
Source
Yahoo / Upstox
Drivers
  • International price is higher at 63.83 (+0.79%).
  • MCX price is higher (+2.64%) — the MCX contract is trading at a premium to the international basis.
  • A lower rupee (-0.12%) is weighing on the rupee-denominated MCX print.
Why is the MCX price moving differently?
International
0.79%
USD/INR contribution
-0.12%
Residual (basis / timing)
1.97%

MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.

Technical scenarios
Current 63.83 · Between S1 and R1 — consolidation
Prev high
64.33
Prev low
62.83
Prev close
63.33
Pivot
63.50
S1
62.66
S2
62.00
R1
64.16
R2
65.00
Sustained trading above 64.1633 may indicate improving intraday momentum.
Trading between 62.6633 and 64.1633 indicates consolidation around the pivot.
A sustained move below 62.6633 may indicate weakening intraday momentum.

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: 5.62 USD/bbl
Brent
84.35
Brent % change
0.96%
WTI
78.73
MCX Crude ₹/bbl
79
Prev close (Brent)
83.55
MCX % change
0.70%
Source
Yahoo / Upstox
Drivers
  • Brent is higher at 84.35 USD/bbl (+0.96%).
  • WTI is higher (+0.70%), Brent-WTI spread at +5.62 USD/bbl.
  • MCX Crude is higher (+0.70%) — rupee move (USD/INR -0.12%) contributes to the local print.
Why is the MCX price moving differently?
International
0.96%
USD/INR contribution
-0.12%
Residual (basis / timing)
-0.13%

MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.

Technical scenarios
Current 84.35 · Between S1 and R1 — consolidation
Prev high
85.15
Prev low
82.75
Prev close
83.55
Pivot
83.82
S1
82.48
S2
81.42
R1
84.88
R2
86.22
Sustained trading above 84.8833 may indicate improving intraday momentum.
Trading between 82.4833 and 84.8833 indicates consolidation around the pivot.
A sustained move below 82.4833 may indicate weakening intraday momentum.

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
2.730
% change (intl)
2.44%
MCX ₹/MMBtu
2.7
MCX % change
2.44%
Prev close (HH)
2.660
Source
Yahoo / Upstox
Drivers
  • Henry Hub natural gas is higher at 2.73 USD/MMBtu (+2.44%).
  • MCX Natural Gas is higher (+2.44%).
  • USD/INR -0.12% is a headwind for the rupee-denominated contract.
Why is the MCX price moving differently?
International
2.44%
USD/INR contribution
-0.12%
Residual (basis / timing)
0.12%

MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.

Technical scenarios
Current 2.73 · Between S1 and R1 — consolidation
Prev high
2.80
Prev low
2.59
Prev close
2.66
Pivot
2.68
S1
2.57
S2
2.47
R1
2.78
R2
2.89
Sustained trading above 2.7767 may indicate improving intraday momentum.
Trading between 2.5667 and 2.7767 indicates consolidation around the pivot.
A sustained move below 2.5667 may indicate weakening intraday momentum.

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
₹95,19,800
At comparison rate
₹95,69,800
Additional cost
+₹50,000
Per ₹0.10 move
₹10,000
Per 1% move
₹95,198

Economic & event calendar

Later this week
Upcoming days
  1. 23:30US US CPI (Jul)GoldSilverUSD/INR
  2. 23:30US US Non-Farm Payrolls (Aug)GoldSilverUSD/INR
  3. 23:30US US CPI (Aug)GoldSilverUSD/INR
  4. 23:30US FOMC Rate Decision + Powell Presser (SEP)All marketsGoldSilver

Key currency & commodity news

  1. Bullion10 Aug 2026, 7:32 am IST
    Gold holds steady after scaling 7-week high, US inflation data in focus

    Gold prices remained stable during the early Asian trading hours on Monday, as investors gear up for significant inflation reports set to be released later this week. The recent underwhelming U.S. jobs data has tempered expectations for interest rate hikes. Meanwhile, ongoing geo

    Economic Times
  2. Currency10 Aug 2026, 7:33 am IST
    Dollar near two-month trough as US inflation data awaited

    The US dollar experienced a decline against major currencies as investors closely monitor upcoming inflation figures. Both the euro and sterling gained strength, while the yen maintained stability near its recent benchmarks. Recent jobs data from the US has tempered expectations

    Economic Times
  3. Energy10 Aug 2026, 7:08 am IST
    How China is balancing Asia's crude oil demand
    Economic Times

Five things to know in currency & commodities today

  1. 1
    Gold holds steady after scaling 7-week high, US inflation data in focus

    Gold prices remained stable during the early Asian trading hours on Monday, as investors gear up for significant inflation reports set to be released later this week. The recent underwhelming U.S. jobs data has tempered expectations for interest rate hikes. Meanwhile, ongoing geo

    Economic Times · 10 Aug 2026, 7:32 am IST
  2. 2
    Dollar near two-month trough as US inflation data awaited

    The US dollar experienced a decline against major currencies as investors closely monitor upcoming inflation figures. Both the euro and sterling gained strength, while the yen maintained stability near its recent benchmarks. Recent jobs data from the US has tempered expectations

    Economic Times · 10 Aug 2026, 7:33 am IST
  3. 3
    How China is balancing Asia's crude oil demand
    Economic Times · 10 Aug 2026, 7:08 am IST

Previous Currency & Commodity Briefings

Daily 08:00 IST snapshots — permanent archive links.