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 · 2026-08-11

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

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Market verdict
Rupee steady; bullion firm; energy firm

The dashboard reflects USD/INR +0.00%, Gold +2.35%, Silver +4.15%, Brent +0.24%, WTI +4.49%, Nat Gas +1.28%.

USD/INR +0.00%Gold +2.35%Silver +4.15%Brent +0.24%WTI +4.49%Nat Gas +1.28%
USD / INR (near-month future)
95.35
0.00 (0.00%)
Prev close
95.35
Day high
Day low
Source
NSE / Upstox
Gold
4,491.00USD/oz
103.20 (2.35%)
MCX Gold ₹/10g
1,53,147
MCX change %
0.87%
Prev close
4,387.80
Source
Yahoo / Upstox
Silver
66.46USD/oz
2.65 (4.15%)
MCX Silver ₹/kg
2,36,951
MCX change %
2.37%
Gold/Silver
67.57
Source
Yahoo / Upstox
Crude oil
87.93USD/bbl (Brent)
0.21 (0.24%)
WTI
82.35
MCX ₹/bbl
7,818
Brent-WTI
5.58
Source
Yahoo / Upstox
Natural gas
2.77USD/MMBtu
0.03 (1.28%)
MCX ₹/MMBtu
266.8
MCX change %
4.38%
Prev close
2.73
Source
Yahoo / Upstox

Cross pairs

EUR / INR
110.0209
0.49%
GBP / INR
128.7010
0.39%
JPY / INR
0.5982
-0.44%
EUR / USD
1.1500
-0.01%
GBP / USD
1.3500
-0.00%

Importer & exporter impact

Importer sensitivity
USD payment cost
neutral
Crude / energy cost
mildly 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
neutral
GBP realisation
neutral

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/INRmildly adverse
AirlinesCrude oil, USD/INRmildly adverse
Paint companiesCrude derivatives, USD/INRmildly adverse
JewellersGold, Silver, USD/INRadverse
Fertiliser companiesNatural gas, USD/INRadverse
IT exportersUSD/INRneutral
Textile exportersUSD/INR, EUR/USDneutral
Metal usersSilver, USD/INRadverse

USD / INR — detailed analysis

Near-month future
Price
95.3500
Change
0.0000
% change
0.00%
Prev close
95.3500
Source
NSE / Upstox
Drivers
  • USD/INR is trading flat at 95.35 (+0.00%).
  • Brent crude is higher; crude oil is broadly steady, limiting its impact on the rupee.
Technical scenarios
Current 95.35 · Between S1 and R1 — consolidation
Prev high
95.83
Prev low
94.87
Prev close
95.35
Pivot
95.35
S1
94.87
S2
94.40
R1
95.83
R2
96.30
Sustained trading above 95.8267 may indicate improving intraday momentum.
Trading between 94.8732 and 95.8267 indicates consolidation around the pivot.
A sustained move below 94.8732 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: 67.57
International
4,491.00
% change (intl)
2.35%
MCX Gold ₹/10g
1,53,147
MCX % change
0.87%
Prev close
4,387.80
MCX Gold Mini
1,51,830
Source
Yahoo / Upstox
Drivers
  • International price is higher at 4491.0 (+2.35%).
  • MCX price is higher (+0.87%) — the MCX contract is trading at a discount to the international basis.
Why is the MCX price moving differently?
International
2.35%
USD/INR contribution
0.00%
Residual (basis / timing)
-1.48%

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

Technical scenarios
Current 4,491.00 · Between S1 and R1 — consolidation
Prev high
4,594.20
Prev low
4,284.60
Prev close
4,387.80
Pivot
4,422.20
S1
4,250.20
S2
4,112.60
R1
4,559.80
R2
4,731.80
Sustained trading above 4559.8 may indicate improving intraday momentum.
Trading between 4250.2 and 4559.8 indicates consolidation around the pivot.
A sustained move below 4250.2 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: 67.57
International
66.46
% change (intl)
4.15%
MCX Silver ₹/kg
2,36,951
MCX % change
2.37%
Prev close
63.81
MCX Silver Mini
2,37,984
Source
Yahoo / Upstox
Drivers
  • International price is higher at 66.46 (+4.15%).
  • MCX price is higher (+2.37%) — the MCX contract is trading at a discount to the international basis.
Why is the MCX price moving differently?
International
4.15%
USD/INR contribution
0.00%
Residual (basis / timing)
-1.78%

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

Technical scenarios
Current 66.46 · Between S1 and R1 — consolidation
Prev high
69.11
Prev low
61.16
Prev close
63.81
Pivot
64.69
S1
60.28
S2
56.74
R1
68.23
R2
72.64
Sustained trading above 68.2267 may indicate improving intraday momentum.
Trading between 60.2767 and 68.2267 indicates consolidation around the pivot.
A sustained move below 60.2767 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: 5.58 USD/bbl
Brent
87.93
Brent % change
0.24%
WTI
82.35
MCX Crude ₹/bbl
7,818
Prev close (Brent)
87.72
MCX % change
5.31%
Source
Yahoo / Upstox
Drivers
  • Brent is higher at 87.93 USD/bbl (+0.24%).
  • WTI is higher (+4.49%), Brent-WTI spread at +5.58 USD/bbl.
  • MCX Crude is higher (+5.31%) — rupee move (USD/INR +0.00%) contributes to the local print.
Why is the MCX price moving differently?
International
0.24%
USD/INR contribution
0.00%
Residual (basis / timing)
5.07%

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

Technical scenarios
Current 87.93 · Between S1 and R1 — consolidation
Prev high
88.14
Prev low
87.51
Prev close
87.72
Pivot
87.79
S1
87.44
S2
87.16
R1
88.07
R2
88.42
Sustained trading above 88.07 may indicate improving intraday momentum.
Trading between 87.44 and 88.07 indicates consolidation around the pivot.
A sustained move below 87.44 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
2.770
% change (intl)
1.28%
MCX ₹/MMBtu
266.8
MCX % change
4.38%
Prev close (HH)
2.730
Source
Yahoo / Upstox
Drivers
  • Henry Hub natural gas is higher at 2.77 USD/MMBtu (+1.28%).
  • MCX Natural Gas is higher (+4.38%).
Why is the MCX price moving differently?
International
1.28%
USD/INR contribution
0.00%
Residual (basis / timing)
3.10%

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

Technical scenarios
Current 2.77 · Between S1 and R1 — consolidation
Prev high
2.81
Prev low
2.69
Prev close
2.73
Pivot
2.74
S1
2.68
S2
2.62
R1
2.80
R2
2.86
Sustained trading above 2.7967 may indicate improving intraday momentum.
Trading between 2.6767 and 2.7967 indicates consolidation around the pivot.
A sustained move below 2.6767 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
₹95,35,000
At comparison rate
₹95,85,000
Additional cost
+₹50,000
Per ₹0.10 move
₹10,000
Per 1% move
₹95,350

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. Bullion11 Aug 2026, 7:33 am IST
    Gold rises for third straight session, inflation prints in focus

    Gold has reached its highest point in two months, driven by traders evaluating significant upcoming U.S. inflation data that may influence interest rate decisions. Lacking favorable job growth numbers has diminished prospects for a Federal Reserve increase, propelling interest to

    Economic Times
  2. Currency11 Aug 2026, 7:41 am IST
    Yen steadies as intervention boost fades; RBA in focus

    After experiencing a significant drop, the yen managed to stabilize, leaving traders skeptical about the success of the cooperative intervention from the U.S. and Japan. In contrast, the Australian dollar reached an eight-week high as anticipation builds for the Reserve Bank of A

    Economic Times
  3. Energy11 Aug 2026, 7:51 am IST
    Oil Price Today (August 11): Crude oil rises to $88 after Trump's compensation demand dents Hormuz opening. Here's why

    Brent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. Both benchmarks had jumped more than 5% on Monday, hitting their highest levels since July 31.

    Economic Times
  4. Energy11 Aug 2026, 7:25 am IST
    Oil steadies near one-week highs as US-Iran peace deal hopes dim

    Oil prices maintained their position on Tuesday as hopes for a US-Iran deal faded, hampered by President Trump's stringent demands that are complicating operations in the Strait of Hormuz. The restart of Saudi Aramco's Jazan refinery has been pushed back due to recent Houthi assa

    Economic Times
  5. Geopolitics11 Aug 2026, 7:11 am IST
    Iran accuses US of being 'addicted' to sanctions
    Economic Times
  6. Bullion11 Aug 2026, 3:12 am IST
    Wall Street giants partner with Nvidia on $500bn AI financing deal

    Apollo, Blackstone and Goldman Sachs are among groups working with chipmaker to raise capital for data centre boom

    Financial Times
  7. Central Banks11 Aug 2026, 7:08 am IST
    Yen sinks as effect of US-Japan intervention fades

    Currency gives up roughly half its gains from joint action with investors citing lack of ‘unified voice’ among central banks

    Financial Times

Five things to know in currency & commodities today

  1. 1
    Gold rises for third straight session, inflation prints in focus

    Gold has reached its highest point in two months, driven by traders evaluating significant upcoming U.S. inflation data that may influence interest rate decisions. Lacking favorable job growth numbers has diminished prospects for a Federal Reserve increase, propelling interest to

    Economic Times · 11 Aug 2026, 7:33 am IST
  2. 2
    Yen steadies as intervention boost fades; RBA in focus

    After experiencing a significant drop, the yen managed to stabilize, leaving traders skeptical about the success of the cooperative intervention from the U.S. and Japan. In contrast, the Australian dollar reached an eight-week high as anticipation builds for the Reserve Bank of A

    Economic Times · 11 Aug 2026, 7:41 am IST
  3. 3
    Oil Price Today (August 11): Crude oil rises to $88 after Trump's compensation demand dents Hormuz opening. Here's why

    Brent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. Both benchmarks had jumped more than 5% on Monday, hitting their highest levels since July 31.

    Economic Times · 11 Aug 2026, 7:51 am IST
  4. 4
    Oil steadies near one-week highs as US-Iran peace deal hopes dim

    Oil prices maintained their position on Tuesday as hopes for a US-Iran deal faded, hampered by President Trump's stringent demands that are complicating operations in the Strait of Hormuz. The restart of Saudi Aramco's Jazan refinery has been pushed back due to recent Houthi assa

    Economic Times · 11 Aug 2026, 7:25 am IST
  5. 5
    Iran accuses US of being 'addicted' to sanctions
    Economic Times · 11 Aug 2026, 7:11 am IST

Previous Currency & Commodity Briefings

Daily 08:00 IST snapshots — permanent archive links.