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 -0.02%, Gold +0.60%, Silver -0.40%, Brent -1.81%, WTI -1.94%, Nat Gas -1.49%.
- Prev close
- 95.66
- Day high
- —
- Day low
- —
- Source
- NSE / Upstox
- MCX Gold ₹/10g
- 1,62,440
- MCX change %
- 1.89%
- Prev close
- 4,680.60
- Source
- Yahoo / Upstox
- MCX Silver ₹/kg
- 2,46,360
- MCX change %
- 1.28%
- Gold/Silver
- 68.00
- Source
- Yahoo / Upstox
- WTI
- 85.37
- MCX ₹/bbl
- 8,363
- Brent-WTI
- 7.31
- Source
- Yahoo / Upstox
- MCX ₹/MMBtu
- 264.4
- MCX change %
- 1.26%
- Prev close
- 2.81
- Source
- Yahoo / Upstox
Cross pairs
Importer & exporter impact
- USD payment cost
- neutral
- Crude / energy cost
- supportive
- Bullion procurement
- adverse
- 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
- 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 | supportive |
| Airlines | Crude oil, USD/INR | supportive |
| Paint companies | Crude derivatives, USD/INR | supportive |
| Jewellers | Gold, Silver, USD/INR | adverse |
| Fertiliser companies | Natural gas, USD/INR | supportive |
| 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
- 95.6400
- Change
- -0.0200
- % change
- -0.02%
- Prev close
- 95.6600
- Source
- NSE / Upstox
- USD/INR is trading lower at 95.64 (-0.02%).
- Brent crude is lower; softer crude prices are broadly rupee-supportive.
- Prev high
- 95.68
- Prev low
- 95.62
- Prev close
- 95.66
- Pivot
- 95.65
- S1
- 95.63
- S2
- 95.59
- R1
- 95.69
- 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: 68- International
- 4,708.70
- % change (intl)
- 0.60%
- MCX Gold ₹/10g
- 1,62,440
- MCX % change
- 1.89%
- Prev close
- 4,680.60
- MCX Gold Mini
- 1,61,000
- Source
- Yahoo / Upstox
- International price is higher at 4708.7 (+0.60%).
- MCX price is higher (+1.89%) — the MCX contract is trading at a premium to the international basis.
- International
- ▲ 0.60%
- USD/INR contribution
- ▼ -0.02%
- Residual (basis / timing)
- ▲ 1.31%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 4,736.80
- Prev low
- 4,652.50
- Prev close
- 4,680.60
- Pivot
- 4,689.97
- S1
- 4,643.13
- S2
- 4,605.67
- R1
- 4,727.43
- R2
- 4,774.27
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- International
- 69.25
- % change (intl)
- -0.40%
- MCX Silver ₹/kg
- 2,46,360
- MCX % change
- 1.28%
- Prev close
- 69.53
- MCX Silver Mini
- 2,47,855
- Source
- Yahoo / Upstox
- International price is lower at 69.25 (-0.40%).
- MCX price is higher (+1.28%) — the MCX contract is trading at a premium to the international basis.
- International
- ▼ -0.40%
- USD/INR contribution
- ▼ -0.02%
- Residual (basis / timing)
- ▲ 1.71%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 69.81
- Prev low
- 68.97
- Prev close
- 69.53
- Pivot
- 69.44
- S1
- 69.06
- S2
- 68.60
- R1
- 69.90
- R2
- 70.28
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: 7.31 USD/bbl- Brent
- 92.68
- Brent % change
- -1.81%
- WTI
- 85.37
- MCX Crude ₹/bbl
- 8,363
- Prev close (Brent)
- 94.39
- MCX % change
- 0.71%
- Source
- Yahoo / Upstox
- Brent is lower at 92.68 USD/bbl (-1.81%).
- WTI is lower (-1.94%), Brent-WTI spread at +7.31 USD/bbl.
- MCX Crude is higher (+0.71%) — rupee move (USD/INR -0.02%) contributes to the local print.
- International
- ▼ -1.81%
- USD/INR contribution
- ▼ -0.02%
- Residual (basis / timing)
- ▲ 2.54%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 96.10
- Prev low
- 90.97
- Prev close
- 94.39
- Pivot
- 93.82
- S1
- 91.54
- S2
- 88.69
- R1
- 96.67
- R2
- 98.95
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)
- -1.49%
- MCX ₹/MMBtu
- 264.4
- MCX % change
- 1.26%
- Prev close (HH)
- 2.810
- Source
- Yahoo / Upstox
- Henry Hub natural gas is lower at 2.77 USD/MMBtu (-1.49%).
- MCX Natural Gas is higher (+1.26%).
- International
- ▼ -1.49%
- USD/INR contribution
- ▼ -0.02%
- Residual (basis / timing)
- ▲ 2.78%
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
- 2.73
- Prev close
- 2.81
- Pivot
- 2.80
- S1
- 2.74
- S2
- 2.68
- R1
- 2.86
- R2
- 2.92
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
- ₹95,64,000
- At comparison rate
- ₹96,14,000
- Additional cost
- +₹50,000
- Per ₹0.10 move
- ₹10,000
- Per 1% move
- ₹95,640
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
- Bullion24 Aug 2026, 7:28 am ISTGold hits over three-month high ahead of US inflation data, Fed chair speech
Gold prices have surged to a three-month high, driven by investor anticipation for upcoming US inflation data. The speech by Federal Reserve Chair Kevin Warsh is also a focal point, likely influencing interest rate outlooks. Furthermore, Poland's central bank has expanded its gol
Economic Times - Energy23 Aug 2026, 3:30 pm ISTOccidental tries to free itself from the messy legacy of Anadarko deal
Oil and gas group charts a steadier course seven years after Vicki Hollub’s notorious Berkshire-backed acquisition
Financial Times - Currency24 Aug 2026, 7:30 am ISTDollar trading near multi-month lows, restrained by debt nerves
The dollar is facing significant weakness, hovering close to multi-month lows as market participants await crucial details on sanctions and upcoming policy speeches. Canada's dollar dipped following a halt in trade negotiations, along with imposing tariffs from both sides. In con
Economic Times - Energy24 Aug 2026, 7:26 am ISTOil falls ahead of US announcement on new Iran sanctions
Oil prices experienced a decline as investors braced for impending U.S. sanctions aimed at Iran. With these sanctions likely to create further disruptions in oil supply routes across the Middle East, anticipation builds. U.S. Treasury Secretary Scott Bessent is poised to unveil t
Economic Times - Geopolitics24 Aug 2026, 7:16 am ISTIran warns US sanctions backers of ‘act of war’Economic Times
- Energy21 Aug 2026, 8:22 pm ISTIndia Buys Its Most Expensive LNG in Years as War Upends Market - Bloomberg.com
India Buys Its Most Expensive LNG in Years as War Upends Market Bloomberg.com
Bloomberg - Energy23 Aug 2026, 9:30 am ISTIndia’s reliance on Russian oil hits all-time high
Middle East conflict exposes New Delhi’s energy security vulnerabilities
Financial Times
Five things to know in currency & commodities today
- 1Gold hits over three-month high ahead of US inflation data, Fed chair speech
Gold prices have surged to a three-month high, driven by investor anticipation for upcoming US inflation data. The speech by Federal Reserve Chair Kevin Warsh is also a focal point, likely influencing interest rate outlooks. Furthermore, Poland's central bank has expanded its gol
Economic Times · 24 Aug 2026, 7:28 am IST - 2Occidental tries to free itself from the messy legacy of Anadarko deal
Oil and gas group charts a steadier course seven years after Vicki Hollub’s notorious Berkshire-backed acquisition
Financial Times · 23 Aug 2026, 3:30 pm IST - 3Dollar trading near multi-month lows, restrained by debt nerves
The dollar is facing significant weakness, hovering close to multi-month lows as market participants await crucial details on sanctions and upcoming policy speeches. Canada's dollar dipped following a halt in trade negotiations, along with imposing tariffs from both sides. In con
Economic Times · 24 Aug 2026, 7:30 am IST - 4Oil falls ahead of US announcement on new Iran sanctions
Oil prices experienced a decline as investors braced for impending U.S. sanctions aimed at Iran. With these sanctions likely to create further disruptions in oil supply routes across the Middle East, anticipation builds. U.S. Treasury Secretary Scott Bessent is poised to unveil t
Economic Times · 24 Aug 2026, 7:26 am IST - 5Iran warns US sanctions backers of ‘act of war’Economic Times · 24 Aug 2026, 7:16 am IST
Previous Currency & Commodity Briefings
Daily 08:00 IST snapshots — permanent archive links.
- Fri, 21 Aug, 2026Rupee mildly weaker; bullion firm; energy firm· Snapshotted 21 Aug 2026, 08:00 am IST
- 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