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 -0.03%, Gold -0.10%, Silver -4.32%, Brent +1.06%, WTI +0.45%, Nat Gas +3.35%.
- Prev close
- 95.69
- Day high
- —
- Day low
- —
- Source
- NSE / Upstox
- MCX Gold ₹/10g
- 1,54,281
- MCX change %
- -1.06%
- Prev close
- 4,417.80
- Source
- Yahoo / Upstox
- MCX Silver ₹/kg
- 2,32,261
- MCX change %
- -2.43%
- Gold/Silver
- 69.76
- Source
- Yahoo / Upstox
- WTI
- 84.88
- MCX ₹/bbl
- 8,129
- Brent-WTI
- 6.95
- Source
- Yahoo / Upstox
- MCX ₹/MMBtu
- 265.2
- MCX change %
- 2.83%
- Prev close
- 2.69
- Source
- Yahoo / Upstox
Cross pairs
Importer & exporter impact
- USD payment cost
- neutral
- Crude / energy cost
- adverse
- Bullion procurement
- neutral
- 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
- neutral
- 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 | adverse |
| Airlines | Crude oil, USD/INR | adverse |
| Paint companies | Crude derivatives, USD/INR | adverse |
| Jewellers | Gold, Silver, USD/INR | neutral |
| Fertiliser companies | Natural gas, USD/INR | adverse |
| IT exporters | USD/INR | neutral |
| Textile exporters | USD/INR, EUR/USD | neutral |
| Metal users | Silver, USD/INR | neutral |
USD / INR — detailed analysis
Near-month future- Price
- 95.6700
- Change
- -0.0241
- % change
- -0.03%
- Prev close
- 95.6941
- Source
- NSE / Upstox
- USD/INR is trading lower at 95.67 (-0.03%).
- Brent crude is higher; elevated crude prices weigh on the rupee.
- Prev high
- 95.72
- Prev low
- 95.65
- Prev close
- 95.69
- Pivot
- 95.69
- S1
- 95.65
- S2
- 95.61
- R1
- 95.73
- R2
- 95.76
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: 69.76- International
- 4,413.20
- % change (intl)
- -0.10%
- MCX Gold ₹/10g
- 1,54,281
- MCX % change
- -1.06%
- Prev close
- 4,417.80
- MCX Gold Mini
- 1,53,015
- Source
- Yahoo / Upstox
- International price is lower at 4413.2 (-0.10%).
- MCX price is lower (-1.06%) — the MCX contract is trading at a discount to the international basis.
- International
- ▼ -0.10%
- USD/INR contribution
- ▼ -0.03%
- Residual (basis / timing)
- ▼ -0.94%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 4,422.40
- Prev low
- 4,408.60
- Prev close
- 4,417.80
- Pivot
- 4,416.27
- S1
- 4,410.13
- S2
- 4,402.47
- R1
- 4,423.93
- R2
- 4,430.07
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: 69.76- International
- 63.26
- % change (intl)
- -4.32%
- MCX Silver ₹/kg
- 2,32,261
- MCX % change
- -2.43%
- Prev close
- 66.12
- MCX Silver Mini
- 2,33,814
- Source
- Yahoo / Upstox
- International price is lower at 63.26 (-4.32%).
- MCX price is lower (-2.43%) — the MCX contract is trading at a premium to the international basis.
- International
- ▼ -4.32%
- USD/INR contribution
- ▼ -0.03%
- Residual (basis / timing)
- ▲ 1.91%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 68.98
- Prev low
- 60.40
- Prev close
- 66.12
- Pivot
- 65.17
- S1
- 61.35
- S2
- 56.59
- R1
- 69.93
- R2
- 73.75
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: 6.95 USD/bbl- Brent
- 91.83
- Brent % change
- 1.06%
- WTI
- 84.88
- MCX Crude ₹/bbl
- 8,129
- Prev close (Brent)
- 90.87
- MCX % change
- 0.82%
- Source
- Yahoo / Upstox
- Brent is higher at 91.83 USD/bbl (+1.06%).
- WTI is higher (+0.45%), Brent-WTI spread at +6.95 USD/bbl.
- MCX Crude is higher (+0.82%) — rupee move (USD/INR -0.03%) contributes to the local print.
- International
- ▲ 1.06%
- USD/INR contribution
- ▼ -0.03%
- Residual (basis / timing)
- ▼ -0.21%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 92.79
- Prev low
- 89.91
- Prev close
- 90.87
- Pivot
- 91.19
- S1
- 89.59
- S2
- 88.31
- R1
- 92.47
- R2
- 94.07
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
- 2.780
- % change (intl)
- 3.35%
- MCX ₹/MMBtu
- 265.2
- MCX % change
- 2.83%
- Prev close (HH)
- 2.690
- Source
- Yahoo / Upstox
- Henry Hub natural gas is higher at 2.78 USD/MMBtu (+3.35%).
- MCX Natural Gas is higher (+2.83%).
- International
- ▲ 3.35%
- USD/INR contribution
- ▼ -0.03%
- Residual (basis / timing)
- ▼ -0.49%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 2.87
- Prev low
- 2.60
- Prev close
- 2.69
- Pivot
- 2.72
- S1
- 2.57
- S2
- 2.45
- R1
- 2.84
- R2
- 2.99
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
- ₹95,67,000
- At comparison rate
- ₹96,17,000
- Additional cost
- +₹50,000
- Per ₹0.10 move
- ₹10,000
- Per 1% move
- ₹95,670
Economic & event calendar
- 23:30US US Non-Farm Payrolls (Aug)GoldSilverUSD/INR
- 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
Key currency & commodity news
- Bullion19 Aug 2026, 7:29 am ISTGold inches higher, focus on Fed minutes
Gold prices edged up slightly during the early Asian trading session, buoyed by a retreat in U.S. Treasury yields from their recent highs. Market players are now looking ahead to the Federal Reserve's meeting minutes for guidance on upcoming policies. Other precious metals displa
Economic Times - Currency19 Aug 2026, 7:26 am ISTDollar drifts near multi-month lows as Treasury yields ease; Fed minutes awaited
The U.S. dollar slipped against leading currencies on Wednesday, influenced by a decline in treasury yields from their recent highs. Investors are keenly awaiting the Federal Reserve's minutes, anticipating guidance on interest rate trends. The euro and sterling gained ground sli
Economic Times - Currency18 Aug 2026, 3:49 pm ISTRBI’s Forex Deposit U-Turn Exposes Wider Communication Gap - Bloomberg
RBI’s Forex Deposit U-Turn Exposes Wider Communication Gap Bloomberg
Bloomberg - Economic Data19 Aug 2026, 2:06 am ISTUS chip stocks slide as government borrowing costs hit multiyear highs
Fears over inflation and mounting public debt ignite bond sell-off
Financial Times - Energy19 Aug 2026, 1:30 am ISTDoes the market know anything about oil?
US oil reserves are dropping. Will prices skyrocket?
Financial Times - Economic Data19 Aug 2026, 1:03 am ISTSoaring diesel prices rip across US economy
Rising fuel costs threaten new jolt of inflation ahead of November’s midterm elections
Financial Times
Five things to know in currency & commodities today
- 1Gold inches higher, focus on Fed minutes
Gold prices edged up slightly during the early Asian trading session, buoyed by a retreat in U.S. Treasury yields from their recent highs. Market players are now looking ahead to the Federal Reserve's meeting minutes for guidance on upcoming policies. Other precious metals displa
Economic Times · 19 Aug 2026, 7:29 am IST - 2Dollar drifts near multi-month lows as Treasury yields ease; Fed minutes awaited
The U.S. dollar slipped against leading currencies on Wednesday, influenced by a decline in treasury yields from their recent highs. Investors are keenly awaiting the Federal Reserve's minutes, anticipating guidance on interest rate trends. The euro and sterling gained ground sli
Economic Times · 19 Aug 2026, 7:26 am IST - 3RBI’s Forex Deposit U-Turn Exposes Wider Communication Gap - Bloomberg
RBI’s Forex Deposit U-Turn Exposes Wider Communication Gap Bloomberg
Bloomberg · 18 Aug 2026, 3:49 pm IST - 4US chip stocks slide as government borrowing costs hit multiyear highs
Fears over inflation and mounting public debt ignite bond sell-off
Financial Times · 19 Aug 2026, 2:06 am IST - 5Does the market know anything about oil?
US oil reserves are dropping. Will prices skyrocket?
Financial Times · 19 Aug 2026, 1:30 am IST
Previous Currency & Commodity Briefings
Daily 08:00 IST snapshots — permanent archive links.
- Wed, 19 Aug, 2026Rupee steady; bullion under pressure; energy firm· Snapshotted 19 Aug 2026, 08:05 am IST
- Tue, 18 Aug, 2026Rupee mildly weaker; bullion steady; energy firm· Snapshotted 18 Aug 2026, 08:00 am IST
- Mon, 17 Aug, 2026Rupee steady; bullion firm; energy mildly weak· Snapshotted 17 Aug 2026, 08:05 am IST
- Fri, 14 Aug, 2026Rupee under pressure; bullion under pressure; energy weak· Snapshotted 14 Aug 2026, 08:05 am IST