Topic
dollar
Commodities Gold and Silver Slip as Fed Decision, Stronger Dollar Weigh on Bullion Prices
Gold and silver prices declined as a stronger US dollar and cautious investor sentiment ahead of the Federal Reserve's interest rate decision dampened demand. Spot gold slipped 0.1% to $4,021.87 per ounce, while silver dropped about 2% to $57.24 per ounce internationally. In the domestic market, silver fell Rs 5,200 to Rs 2,24,800 per kg.
Finance Rupee Slips 6 Paise Against US Dollar in Early Trade, No Further Details Released
The Indian rupee weakened by 6 paise against the US dollar in early trade on July 21, 2026, as per a Business-Today article. The report contained no additional context, prior close, or market drivers.
Finance Rupee Back in Red: Breaches 96 vs Dollar as RBI Forex Boost Fades on Rising Crude Oil Prices
The Indian rupee weakened past the 96 per dollar mark on Tuesday, giving up gains from recent RBI intervention, as renewed US-Iran tensions pushed crude oil prices higher. The one-month forward premium rose to 3.17%, increasing hedging costs for importers. Analysts said the rupee will remain sensitive to oil prices, foreign flows, and the dollar index, with structural dollar demand from India's trade deficit.
Finance Rupee slips past 96 against US dollar for first time since May as oil prices soar again
The Indian rupee weakened past 96 against the US dollar for the first time since May 2026, depreciating 48 paise to 96.16 on Tuesday. Pressure came from surging crude oil prices and heightened geopolitical tensions in West Asia, which boosted demand for safe-haven assets. The move raises concerns over India's import bill and current account deficit.
Finance Rupee recovers 15 paise to 95.28 against US dollar in early trade
The Indian rupee opened stronger at 95.33 and touched 95.28 against the US dollar in early Tuesday trade, recovering 15 paise from the previous session's close of 95.43. Gains followed Saudi Arabia's record USD 11 per barrel cut in Asia oil prices and reduced Middle East risk premium.
Finance Rupee Slips 10 Paise to 95.28 as Stronger Dollar and Geopolitical Jitters Outweigh Positive Cues
The Indian rupee weakened 10 paise to 95.28 against the US dollar in early trade on Monday, driven by a stronger dollar index and geopolitical uncertainty surrounding US-Iran peace talks. The decline erased part of the previous session's 17-paise gain. Forex traders noted the rupee's failure to benefit from softer dollar and falling oil prices signals underlying fragility, with potential moves towards 96.00 if negative triggers emerge.
Commodities Rise in dollar inflows via FCNR(B) deposits may add pressure on gold prices
Domestic gold prices fell 6% in the past month to ₹146,344 per 10g on July 3, driven by global weakness and expectations of substantial dollar inflows through RBI's FCNR(B) deposit scheme. The scheme, which offers higher rates and forex hedging support, has already attracted $7 billion in June, with inflows projected to reach $50 billion by October, strengthening the rupee and adding downside pressure on gold.
Commodities Gold jumps over 1% after weak US jobs data, silver advances on weaker dollar
Gold prices surged more than 1% on Friday after weaker-than-expected US employment data reduced expectations of further Federal Reserve rate hikes. The rally put bullion on track for its first weekly gain in five weeks. Silver, platinum and palladium also advanced, supported by a weaker US dollar and renewed central bank purchases of gold in May.
Commodities Gold Falls to $4,135 as Dollar Hits One-Year High, Deutsche Bank Cuts Outlook
Gold prices declined 1.6% on Tuesday to $4,135/oz, retreating from a record $5,589/oz, as the US dollar climbed to a one-year high. Deutsche Bank lowered its gold price outlook by more than 20%, warning of a potential fall to $3,800/oz if the Federal Reserve hikes rates three to four times. The dollar's strength and weakening Asian demand are pressuring bullion, while Dubai's commodities exchange announced plans for a same-day settlement gold contract to attract safe-haven demand.
Finance Rupee Falls 30 Paise to 94.63 Against Dollar as Middle East Uncertainty Weighs
The Indian rupee fell 30 paise to close at 94.63 against the US dollar on Monday, pressured by a strong dollar index and lingering Middle East uncertainty. Forex traders noted volatile trading as supportive inflows were offset by firm dollar demand and a lack of clarity on a long-term peace deal. The RBI net sold $8.944 billion in the spot forex market in April, following $9.758 billion in March.
Commodities Gold, Silver Prices Remain Under Pressure Amid Strong Dollar and Hawkish Fed Outlook
Gold and silver prices faced sustained pressure during the week due to a stronger US dollar and a hawkish Federal Reserve outlook. The Dollar Index rose to 101 after the Fed held rates steady but signaled possible hikes. On MCX, gold futures fell 2.2% and silver dropped 5.3%, while COMEX gold lost over 1.5% and silver fell 4.5%.
Finance Rupee rebounds 20 paise to 94.20 against US dollar on India-US trade deal hopes
The Indian rupee strengthened 20 paise to 94.20 against the US dollar in early trade on Friday, driven by optimism over a potential India-US trade agreement and supported by improving foreign inflows and softer crude oil prices. Foreign Secretary Vikram Misri confirmed that trade figured prominently in recent Modi-Trump talks, with US Trade Representative Jamieson Greer expected to visit India next week. Forex analyst Amit Pabari noted that the RBI may have already purchased USD 3–5 billion over the last two sessions to rebuild reserves.
Business US-Iran Peace Deal Lifts Markets: Asian Stocks Soar, Dollar Slides to June 5 Low, Oil Tumbles & Gold Jumps 2%
The United States and Iran announced a framework agreement to end their conflict, reopening the Strait of Hormuz and lifting the US naval blockade. Global markets rallied on Monday, with Asian stocks surging, the US dollar falling to a 10-day low, oil prices tumbling over 4%, and gold jumping 2%.
Finance Rupee-Dollar Movement Driven by Global and Domestic Factors, Sitharaman Says RBI Steps In Only to Curb Volatility
Union Finance Minister Nirmala Sitharaman stated that rupee-dollar movements are driven by global and domestic factors such as US Fed policy, foreign capital flows, and currency crashes in Japan and Korea. She emphasised that the RBI intervenes only to curb excessive volatility, not to fix the exchange rate, using foreign exchange reserves sparingly.
Trade Rupee Declines Amid Tariff Concerns, Oil Price Surge
The Indian rupee fell 40 paise to 95.76 against the US dollar due to proposed US tariffs and rising oil prices. The USTR's additional duties on imports from India and other countries have heightened market concerns.