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 -0.01%, Gold +1.06%, Silver +1.11%, Brent +0.31%, WTI +0.79%, Nat Gas -3.05%.
- Prev close
- 94.49
- Day high
- —
- Day low
- —
- Source
- NSE / Upstox
- MCX Gold ₹/10g
- 1,55,701
- MCX change %
- 2.17%
- Prev close
- 4,477.10
- Source
- Yahoo / Upstox
- MCX Silver ₹/kg
- 2,36,400
- MCX change %
- 2.81%
- Gold/Silver
- 67.11
- Source
- Yahoo / Upstox
- WTI
- 91.78
- MCX ₹/bbl
- 8,627
- Brent-WTI
- 4.04
- Source
- Yahoo / Upstox
- MCX ₹/MMBtu
- 276.3
- MCX change %
- -0.97%
- Prev close
- 3.01
- Source
- Yahoo / Upstox
Cross pairs
Importer & exporter impact
- USD payment cost
- neutral
- Crude / energy cost
- mildly adverse
- 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 | 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 | 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
- 94.4750
- Change
- -0.0127
- % change
- -0.01%
- Prev close
- 94.4877
- Source
- NSE / Upstox
- USD/INR is trading lower at 94.475 (-0.01%).
- Brent crude is higher; crude oil is broadly steady, limiting its impact on the rupee.
- Prev high
- 94.50
- Prev low
- 94.46
- Prev close
- 94.49
- Pivot
- 94.48
- S1
- 94.47
- S2
- 94.45
- R1
- 94.50
- R2
- 94.52
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: 67.11- International
- 4,524.60
- % change (intl)
- 1.06%
- MCX Gold ₹/10g
- 1,55,701
- MCX % change
- 2.17%
- Prev close
- 4,477.10
- MCX Gold Mini
- 1,55,400
- Source
- Yahoo / Upstox
- International price is higher at 4524.6 (+1.06%).
- MCX price is higher (+2.17%) — the MCX contract is trading at a premium to the international basis.
- International
- ▲ 1.06%
- USD/INR contribution
- ▼ -0.01%
- Residual (basis / timing)
- ▲ 1.12%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 4,572.10
- Prev low
- 4,429.60
- Prev close
- 4,477.10
- Pivot
- 4,492.93
- S1
- 4,413.77
- S2
- 4,350.43
- R1
- 4,556.27
- R2
- 4,635.43
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: 67.11- International
- 67.42
- % change (intl)
- 1.11%
- MCX Silver ₹/kg
- 2,36,400
- MCX % change
- 2.81%
- Prev close
- 66.68
- MCX Silver Mini
- 2,44,190
- Source
- Yahoo / Upstox
- International price is higher at 67.42 (+1.11%).
- MCX price is higher (+2.81%) — the MCX contract is trading at a premium to the international basis.
- International
- ▲ 1.11%
- USD/INR contribution
- ▼ -0.01%
- 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
- 68.16
- Prev low
- 65.94
- Prev close
- 66.68
- Pivot
- 66.93
- S1
- 65.69
- S2
- 64.71
- R1
- 67.91
- R2
- 69.15
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: 4.04 USD/bbl- Brent
- 95.82
- Brent % change
- 0.31%
- WTI
- 91.78
- MCX Crude ₹/bbl
- 8,627
- Prev close (Brent)
- 95.52
- MCX % change
- 0.30%
- Source
- Yahoo / Upstox
- Brent is higher at 95.82 USD/bbl (+0.31%).
- WTI is higher (+0.79%), Brent-WTI spread at +4.04 USD/bbl.
- MCX Crude is higher (+0.30%) — rupee move (USD/INR -0.01%) contributes to the local print.
- International
- ▲ 0.31%
- USD/INR contribution
- ▼ -0.01%
- Residual (basis / timing)
- ▲ 0.00%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 96.12
- Prev low
- 95.22
- Prev close
- 95.52
- Pivot
- 95.62
- S1
- 95.12
- S2
- 94.72
- R1
- 96.02
- R2
- 96.52
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
- 2.920
- % change (intl)
- -3.05%
- MCX ₹/MMBtu
- 276.3
- MCX % change
- -0.97%
- Prev close (HH)
- 3.010
- Source
- Yahoo / Upstox
- Henry Hub natural gas is lower at 2.92 USD/MMBtu (-3.05%).
- MCX Natural Gas is lower (-0.97%).
- International
- ▼ -3.05%
- USD/INR contribution
- ▼ -0.01%
- Residual (basis / timing)
- ▲ 2.10%
MCX % ≈ international % + USD/INR % + residual (basis, timing, local factors). Indicative only when the two feeds have different intra-day snapshot times.
- Prev high
- 3.10
- Prev low
- 2.83
- Prev close
- 3.01
- Pivot
- 2.98
- S1
- 2.86
- S2
- 2.71
- R1
- 3.13
- R2
- 3.25
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
- ₹94,47,500
- At comparison rate
- ₹94,97,500
- Additional cost
- +₹50,000
- Per ₹0.10 move
- ₹10,000
- Per 1% move
- ₹94,475
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
- Currency4 Sept 2026, 7:39 am ISTYen headed for strongest week in a month, dollar flat ahead of payroll data
This week, the Japanese yen appreciated considerably against the US dollar, as traders are anticipating a potential interest rate hike from the Bank of Japan. Meanwhile, the broader currency markets are gearing up for important US payroll data releases. Federal Reserve officials
Economic Times - Currency3 Sept 2026, 6:25 pm ISTIndia RBI Faces About $11 Billion Bill on Foreign Deposits Plan - bloomberg.com
India RBI Faces About $11 Billion Bill on Foreign Deposits Plan bloomberg.com
Bloomberg - Currency3 Sept 2026, 12:57 pm ISTIndia’s Record Diaspora Inflows Swamp Banks, Test RBI Tools - bloomberg.com
India’s Record Diaspora Inflows Swamp Banks, Test RBI Tools bloomberg.com
Bloomberg - Energy4 Sept 2026, 7:42 am ISTOil Price Today (September 4): Crude oil at $96, set for a 7% weekly surge as Iran, US exchange attacks. What’s next?
The latest US attacks, which killed and wounded dozens of people, including Iranian civilians, have resulted in the most intense clashes between the two countries since July. The conflict, which began with US-Israeli strikes at the end of February, has now entered its seventh mon
Economic Times - Energy4 Sept 2026, 7:36 am ISTOil set for steepest weekly gain since mid-July over intensifying US-Iran tensions
Oil prices are on the rise, driven by escalating supply risks in the Middle East. The renewed hostilities between the U.S. and Iran have heightened fears regarding regional stability, resulting in violent confrontations. Concurrently, Russian President Putin is advocating for a p
Economic Times - Energy3 Sept 2026, 8:11 pm IST‘Oil won’t resolve conflict’: EAM on US sanctions billEconomic Times
- Currency3 Sept 2026, 10:59 pm ISTStar Citadel trader to step down amid tumult in energy markets
Chris Foster to leave role at Ken Griffin’s hedge fund after making billions of dollars trading natural gas in Europe
Financial Times
Five things to know in currency & commodities today
- 1Yen headed for strongest week in a month, dollar flat ahead of payroll data
This week, the Japanese yen appreciated considerably against the US dollar, as traders are anticipating a potential interest rate hike from the Bank of Japan. Meanwhile, the broader currency markets are gearing up for important US payroll data releases. Federal Reserve officials
Economic Times · 4 Sept 2026, 7:39 am IST - 2India RBI Faces About $11 Billion Bill on Foreign Deposits Plan - bloomberg.com
India RBI Faces About $11 Billion Bill on Foreign Deposits Plan bloomberg.com
Bloomberg · 3 Sept 2026, 6:25 pm IST - 3India’s Record Diaspora Inflows Swamp Banks, Test RBI Tools - bloomberg.com
India’s Record Diaspora Inflows Swamp Banks, Test RBI Tools bloomberg.com
Bloomberg · 3 Sept 2026, 12:57 pm IST - 4Oil Price Today (September 4): Crude oil at $96, set for a 7% weekly surge as Iran, US exchange attacks. What’s next?
The latest US attacks, which killed and wounded dozens of people, including Iranian civilians, have resulted in the most intense clashes between the two countries since July. The conflict, which began with US-Israeli strikes at the end of February, has now entered its seventh mon
Economic Times · 4 Sept 2026, 7:42 am IST - 5Oil set for steepest weekly gain since mid-July over intensifying US-Iran tensions
Oil prices are on the rise, driven by escalating supply risks in the Middle East. The renewed hostilities between the U.S. and Iran have heightened fears regarding regional stability, resulting in violent confrontations. Concurrently, Russian President Putin is advocating for a p
Economic Times · 4 Sept 2026, 7:36 am IST
Previous Currency & Commodity Briefings
Daily 08:00 IST snapshots — permanent archive links.
- Fri, 04 Sept, 2026Rupee steady; bullion firm; energy weak· Snapshotted 04 Sept 2026, 08:00 am IST
- Thu, 03 Sept, 2026Rupee steady; bullion firm; energy firm· Snapshotted 03 Sept 2026, 08:05 am IST
- 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