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 -0.08%, Gold +3.17%, Silver +6.47%, Brent +0.40%, WTI -0.07%, Nat Gas +0.25%.
- Prev close
- 95.82
- Day high
- —
- Day low
- —
- Source
- NSE / Upstox
- MCX Gold ₹/10g
- 1,58,078
- MCX change %
- 2.47%
- Prev close
- 4,409.00
- Source
- Yahoo / Upstox
- MCX Silver ₹/kg
- 2,36,780
- MCX change %
- 1.88%
- Gold/Silver
- 67.67
- Source
- Yahoo / Upstox
- WTI
- 84.62
- MCX ₹/bbl
- 8,155
- Brent-WTI
- 7.37
- Source
- Yahoo / Upstox
- MCX ₹/MMBtu
- 270.8
- MCX change %
- 2.27%
- Prev close
- 2.78
- Source
- Yahoo / Upstox
Cross pairs
Importer & exporter impact
- USD payment cost
- neutral
- Crude / energy cost
- mildly adverse
- Bullion procurement
- adverse
- Nat-gas cost
- mildly 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 | mildly adverse |
| Airlines | Crude oil, USD/INR | mildly adverse |
| Paint companies | Crude derivatives, USD/INR | mildly adverse |
| Jewellers | Gold, Silver, USD/INR | adverse |
| Fertiliser companies | Natural gas, USD/INR | mildly adverse |
| IT exporters | USD/INR | neutral |
| Textile exporters | USD/INR, EUR/USD | neutral |
| Metal users | Silver, USD/INR | adverse |
USD / INR — detailed analysis
Near-month future- Price
- 95.7430
- Change
- -0.0734
- % change
- -0.08%
- Prev close
- 95.8164
- Source
- NSE / Upstox
- USD/INR is trading lower at 95.743 (-0.08%).
- Brent crude is higher; crude oil is broadly steady, limiting its impact on the rupee.
- Prev high
- 95.89
- Prev low
- 95.67
- Prev close
- 95.82
- Pivot
- 95.79
- S1
- 95.69
- S2
- 95.57
- R1
- 95.91
- R2
- 96.01
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: 67.67- International
- 4,549.00
- % change (intl)
- 3.18%
- MCX Gold ₹/10g
- 1,58,078
- MCX % change
- 2.47%
- Prev close
- 4,409.00
- MCX Gold Mini
- 1,56,636
- Source
- Yahoo / Upstox
- International price is higher at 4549.0 (+3.17%).
- MCX price is higher (+2.47%) — the MCX contract is trading at a discount to the international basis.
- International
- ▲ 3.18%
- USD/INR contribution
- ▼ -0.08%
- Residual (basis / timing)
- ▼ -0.62%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 4,689.00
- Prev low
- 4,269.00
- Prev close
- 4,409.00
- Pivot
- 4,455.67
- S1
- 4,222.33
- S2
- 4,035.67
- R1
- 4,642.33
- R2
- 4,875.67
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: 67.67- International
- 67.22
- % change (intl)
- 6.47%
- MCX Silver ₹/kg
- 2,36,780
- MCX % change
- 1.88%
- Prev close
- 63.13
- MCX Silver Mini
- 2,37,960
- Source
- Yahoo / Upstox
- International price is higher at 67.22 (+6.47%).
- MCX price is higher (+1.88%) — the MCX contract is trading at a discount to the international basis.
- International
- ▲ 6.47%
- USD/INR contribution
- ▼ -0.08%
- Residual (basis / timing)
- ▼ -4.52%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 71.31
- Prev low
- 59.04
- Prev close
- 63.13
- Pivot
- 64.49
- S1
- 57.68
- S2
- 52.22
- R1
- 69.95
- R2
- 76.76
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: 7.37 USD/bbl- Brent
- 91.99
- Brent % change
- 0.40%
- WTI
- 84.62
- MCX Crude ₹/bbl
- 8,155
- Prev close (Brent)
- 91.62
- MCX % change
- 0.83%
- Source
- Yahoo / Upstox
- Brent is higher at 91.99 USD/bbl (+0.40%).
- WTI is lower (-0.07%), Brent-WTI spread at +7.37 USD/bbl.
- MCX Crude is higher (+0.83%) — rupee move (USD/INR -0.08%) contributes to the local print.
- International
- ▲ 0.40%
- USD/INR contribution
- ▼ -0.08%
- Residual (basis / timing)
- ▲ 0.50%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 92.36
- Prev low
- 91.25
- Prev close
- 91.62
- Pivot
- 91.74
- S1
- 91.13
- S2
- 90.63
- R1
- 92.24
- R2
- 92.85
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)
- 0.25%
- MCX ₹/MMBtu
- 270.8
- MCX % change
- 2.27%
- Prev close (HH)
- 2.780
- Source
- Yahoo / Upstox
- Henry Hub natural gas is higher at 2.79 USD/MMBtu (+0.25%).
- MCX Natural Gas is higher (+2.27%).
- International
- ▲ 0.25%
- USD/INR contribution
- ▼ -0.08%
- Residual (basis / timing)
- ▲ 2.09%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 2.80
- Prev low
- 2.77
- Prev close
- 2.78
- Pivot
- 2.78
- S1
- 2.77
- S2
- 2.75
- R1
- 2.80
- R2
- 2.81
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
- ₹95,74,300
- At comparison rate
- ₹96,24,300
- Additional cost
- +₹50,000
- Per ₹0.10 move
- ₹10,000
- Per 1% move
- ₹95,743
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
- Currency19 Aug 2026, 7:21 pm ISTRBI Panel Watches Inflation as One Member Eyes Hike This Year - Bloomberg.com
RBI Panel Watches Inflation as One Member Eyes Hike This Year Bloomberg.com
Bloomberg - Currency20 Aug 2026, 7:30 am ISTGold hovers near early-June high on lower bond yields
Gold prices soared close to a two-month peak on Thursday after the U.S. Treasury announced bolstered liquidity measures. With yields falling and the dollar weakening, gold became increasingly attractive to investors. This move comes in light of persistent inflation fears and loom
Economic Times - Energy20 Aug 2026, 7:26 am ISTOil prices steady as investors assess US-Iran war outlook
Oil prices stabilized as market participants evaluated the potential implications of the ongoing U.S.-Iran conflict. Shipping activity in the Strait of Hormuz faced disruptions due to rising tensions in the region. Last week's data revealed an increase in crude and gasoline inven
Economic Times - Geopolitics19 Aug 2026, 10:04 am ISTIndia’s Exports to US Hold Firm After a Year of Trump’s Tariffs - Bloomberg.com
India’s Exports to US Hold Firm After a Year of Trump’s Tariffs Bloomberg.com
Bloomberg - Currency20 Aug 2026, 7:28 am ISTDollar hugs three-month lows as Treasury seeks to sooth the bond market
On Thursday, the U.S. dollar faced notable declines, approaching its lowest point in three months. In a bid to stabilize the bond market, U.S. Treasury disclosed plans to double its buyback operations. Meanwhile, long-end Treasury yields fell from a nineteen-year peak. Meeting mi
Economic Times
Five things to know in currency & commodities today
- 1RBI Panel Watches Inflation as One Member Eyes Hike This Year - Bloomberg.com
RBI Panel Watches Inflation as One Member Eyes Hike This Year Bloomberg.com
Bloomberg · 19 Aug 2026, 7:21 pm IST - 2Gold hovers near early-June high on lower bond yields
Gold prices soared close to a two-month peak on Thursday after the U.S. Treasury announced bolstered liquidity measures. With yields falling and the dollar weakening, gold became increasingly attractive to investors. This move comes in light of persistent inflation fears and loom
Economic Times · 20 Aug 2026, 7:30 am IST - 3Oil prices steady as investors assess US-Iran war outlook
Oil prices stabilized as market participants evaluated the potential implications of the ongoing U.S.-Iran conflict. Shipping activity in the Strait of Hormuz faced disruptions due to rising tensions in the region. Last week's data revealed an increase in crude and gasoline inven
Economic Times · 20 Aug 2026, 7:26 am IST - 4India’s Exports to US Hold Firm After a Year of Trump’s Tariffs - Bloomberg.com
India’s Exports to US Hold Firm After a Year of Trump’s Tariffs Bloomberg.com
Bloomberg · 19 Aug 2026, 10:04 am IST - 5Dollar hugs three-month lows as Treasury seeks to sooth the bond market
On Thursday, the U.S. dollar faced notable declines, approaching its lowest point in three months. In a bid to stabilize the bond market, U.S. Treasury disclosed plans to double its buyback operations. Meanwhile, long-end Treasury yields fell from a nineteen-year peak. Meeting mi
Economic Times · 20 Aug 2026, 7:28 am IST
Previous Currency & Commodity Briefings
Daily 08:00 IST snapshots — permanent archive links.
- Thu, 20 Aug, 2026Rupee mildly firm; bullion firm; energy mixed· Snapshotted 20 Aug 2026, 08:00 am IST
- 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