Currency & Commodity Briefing
Daily USD/INR, gold, silver, crude oil and natural-gas outlook for Indian traders, importers and exporters.
You are viewing the frozen 08:00 IST briefing from . Verdict: Bullion mildly firm; energy firm. Live values will not change on this page.
The dashboard reflects Gold +0.53%, Silver +0.85%, Brent +0.54%, WTI +1.68%, Nat Gas +1.74%.
- Prev close
- 0.00
- Day high
- —
- Day low
- —
- Source
- NSE / Upstox
- MCX Gold ₹/10g
- 1,54,456
- MCX change %
- -1.17%
- Prev close
- 4,472.00
- Source
- Yahoo / Upstox
- MCX Silver ₹/kg
- 2,33,977
- MCX change %
- -1.15%
- Gold/Silver
- 66.69
- Source
- Yahoo / Upstox
- WTI
- 86.52
- MCX ₹/bbl
- 8,142
- Brent-WTI
- 4.46
- Source
- Yahoo / Upstox
- MCX ₹/MMBtu
- 279.3
- MCX change %
- 1.16%
- Prev close
- 2.88
- Source
- Yahoo / Upstox
Cross pairs
Importer & exporter impact
- USD payment cost
- neutral
- Crude / energy cost
- adverse
- Bullion procurement
- adverse
- Nat-gas cost
- adverse
- 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 | adverse |
| Fertiliser companies | Natural gas, USD/INR | 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
- 95.3803
- Change
- 0.0000
- % change
- 0.00%
- Prev close
- 0.0000
- Source
- NSE / Upstox
- Brent crude is higher; elevated crude prices weigh on the rupee.
Gold — detailed analysis
Gold/Silver ratio: 66.69- International
- 4,495.90
- % change (intl)
- 0.53%
- MCX Gold ₹/10g
- 1,54,456
- MCX % change
- -1.17%
- Prev close
- 4,472.00
- MCX Gold Mini
- 1,54,520
- Source
- Yahoo / Upstox
- International price is higher at 4495.9 (+0.53%).
- MCX price is lower (-1.17%) — the MCX contract is trading at a discount to the international basis.
- International
- ▲ 0.53%
- USD/INR contribution
- • 0.00%
- Residual (basis / timing)
- ▼ -1.70%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 4,519.80
- Prev low
- 4,448.10
- Prev close
- 4,472.00
- Pivot
- 4,479.97
- S1
- 4,440.13
- S2
- 4,408.27
- R1
- 4,511.83
- R2
- 4,551.67
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: 66.69- International
- 67.41
- % change (intl)
- 0.85%
- MCX Silver ₹/kg
- 2,33,977
- MCX % change
- -1.15%
- Prev close
- 66.84
- MCX Silver Mini
- 2,42,350
- Source
- Yahoo / Upstox
- International price is higher at 67.41 (+0.85%).
- MCX price is lower (-1.15%) — the MCX contract is trading at a discount to the international basis.
- International
- ▲ 0.85%
- USD/INR contribution
- • 0.00%
- Residual (basis / timing)
- ▼ -2.01%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 67.98
- Prev low
- 66.27
- Prev close
- 66.84
- Pivot
- 67.03
- S1
- 66.08
- S2
- 65.32
- R1
- 67.79
- R2
- 68.74
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: 4.46 USD/bbl- Brent
- 90.98
- Brent % change
- 0.54%
- WTI
- 86.52
- MCX Crude ₹/bbl
- 8,142
- Prev close (Brent)
- 90.49
- MCX % change
- 1.98%
- Source
- Yahoo / Upstox
- Brent is higher at 90.98 USD/bbl (+0.54%).
- WTI is higher (+1.68%), Brent-WTI spread at +4.46 USD/bbl.
- MCX Crude is higher (+1.98%) — rupee move (USD/INR +0.00%) contributes to the local print.
- International
- ▲ 0.54%
- USD/INR contribution
- • 0.00%
- Residual (basis / timing)
- ▲ 1.44%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 91.47
- Prev low
- 90.00
- Prev close
- 90.49
- Pivot
- 90.65
- S1
- 89.84
- S2
- 89.18
- R1
- 91.31
- R2
- 92.12
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
- 2.930
- % change (intl)
- 1.74%
- MCX ₹/MMBtu
- 279.3
- MCX % change
- 1.16%
- Prev close (HH)
- 2.880
- Source
- Yahoo / Upstox
- Henry Hub natural gas is higher at 2.93 USD/MMBtu (+1.74%).
- MCX Natural Gas is higher (+1.16%).
- International
- ▲ 1.74%
- USD/INR contribution
- • 0.00%
- Residual (basis / timing)
- ▼ -0.58%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 2.98
- Prev low
- 2.83
- Prev close
- 2.88
- Pivot
- 2.90
- S1
- 2.81
- S2
- 2.75
- R1
- 2.96
- R2
- 3.05
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
- ₹95,38,030
- At comparison rate
- ₹95,88,030
- Additional cost
- +₹50,000
- Per ₹0.10 move
- ₹10,000
- Per 1% move
- ₹95,380.3
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
- 23:30US US CPI (Sep)GoldSilverUSD/INR
Key currency & commodity news
- Bullion1 Sept 2026, 7:27 am ISTGold steadies as traders await US jobs data, monitor Mideast tensions
Gold prices held steady as traders navigated heightened tensions in the Middle East and awaited pivotal labor data from the US. This economic data is expected to shape the market's forecast regarding Federal Reserve policy moves. With a 65% likelihood of a rate increase in Septem
Economic Times - Currency1 Sept 2026, 7:24 am ISTYen hangs near 160 amid BOJ rate-hike bets, dollar wobbles
The yen stabilized near 160 against the dollar on Tuesday. US Treasury Secretary Scott Bessent urged the Bank of Japan to raise rates. Currency markets watched renewed Middle East conflict and rising oil prices. Traders anticipate a potential Federal Reserve rate hike in Septembe
Economic Times - Central Banks1 Sept 2026, 3:03 am ISTFirstFT: Japan’s bonds and currency under pressure after Fed chair’s Jackson Hole speech
Also in today’s newsletter: India’s GDP beats expectations and South Korea jails Unification Church leader over bribery scandal
Financial Times - Energy1 Sept 2026, 7:41 am ISTOil Price Today (September 1): Crude oil above $90 as US, Iran attacks jolt Hormuz hopes. $100 in sight?
Oil prices rose on Tuesday as renewed fighting between the U.S. and Iran in the Middle East revived concerns over potential supply disruptions from the world’s key crude-producing region.
Economic Times - Energy1 Sept 2026, 2:05 am ISTTrump says US will hit Iran ‘hard’ as conflict reignites
Oil prices rise after exchange of fire between warring countries ends weeks of relative quiet
Financial Times - Central Banks1 Sept 2026, 1:38 am ISTUS regulator claims Amazon manipulated advertising prices
Federal Trade Commission sues ecommerce giant alleging it overcharged about 1.2mn businesses leading to higher prices for consumers
Financial Times - Currency1 Sept 2026, 7:26 am ISTFresh rupee deposit rates experience a notable drop this July
Fresh rupee term deposit rates saw a slight decrease in July. Outstanding rupee deposit rates, however, remained stable during the same period. Lending rates on outstanding rupee loans also showed little change in July. The one-year average marginal cost of funds-based lending ra
Economic Times
Five things to know in currency & commodities today
- 1Gold steadies as traders await US jobs data, monitor Mideast tensions
Gold prices held steady as traders navigated heightened tensions in the Middle East and awaited pivotal labor data from the US. This economic data is expected to shape the market's forecast regarding Federal Reserve policy moves. With a 65% likelihood of a rate increase in Septem
Economic Times · 1 Sept 2026, 7:27 am IST - 2Yen hangs near 160 amid BOJ rate-hike bets, dollar wobbles
The yen stabilized near 160 against the dollar on Tuesday. US Treasury Secretary Scott Bessent urged the Bank of Japan to raise rates. Currency markets watched renewed Middle East conflict and rising oil prices. Traders anticipate a potential Federal Reserve rate hike in Septembe
Economic Times · 1 Sept 2026, 7:24 am IST - 3FirstFT: Japan’s bonds and currency under pressure after Fed chair’s Jackson Hole speech
Also in today’s newsletter: India’s GDP beats expectations and South Korea jails Unification Church leader over bribery scandal
Financial Times · 1 Sept 2026, 3:03 am IST - 4Oil Price Today (September 1): Crude oil above $90 as US, Iran attacks jolt Hormuz hopes. $100 in sight?
Oil prices rose on Tuesday as renewed fighting between the U.S. and Iran in the Middle East revived concerns over potential supply disruptions from the world’s key crude-producing region.
Economic Times · 1 Sept 2026, 7:41 am IST - 5Trump says US will hit Iran ‘hard’ as conflict reignites
Oil prices rise after exchange of fire between warring countries ends weeks of relative quiet
Financial Times · 1 Sept 2026, 2:05 am IST
Previous Currency & Commodity Briefings
Daily 08:00 IST snapshots — permanent archive links.
- Wed, 02 Sept, 2026Rupee mildly firm; bullion under pressure; energy firm· Snapshotted 02 Sept 2026, 08:05 am IST
- Tue, 01 Sept, 2026Bullion mildly firm; energy firm· Snapshotted 01 Sept 2026, 08:00 am IST
- Mon, 31 Aug, 2026Rupee mildly firm; bullion mildly weak; energy firm· Snapshotted 31 Aug 2026, 08:00 am IST
- Fri, 28 Aug, 2026Rupee mildly weaker; bullion steady; energy mildly firm· Snapshotted 28 Aug 2026, 08:00 am IST