USD/INR- Indian rupee value settled at 73.675 on 10 December against the US Dollar at 7:09 PM. The India currency began at a high of 73.720 on Thursday. Yesterday, it reached the highest at 73.625 and the lowest at 73.782. At the same time, the dollar index decreased by 0.16% to settle at 90.94 as of 8:30 AM EST.
USD/ INR: Oil Prices
The US WTI crude oil 1.56% higher at 10:50 PM GMT on 10 December. Accordingly, Crude oil traded at USD 46.23 per barrel globally. On the other hand, Brent Crude was trading at USD 49.63 per barrel as it traded 1.58% higher on Thursday. The low demand for oil plunges as EIA reports surface regarding the huge crude build. On the other hand, Canada’s oil heartland is completely shut as COVID-19 surges.
USD/ INR- Gold Prices
Gold prices plunged on 10 December as the success rate and approval for COVID vaccine increases. Accordingly, December gold futures fell by 0.31% or 154 Rupees to Rs. 49,106 per 10 grams on the multi-commodity exchange. Likewise, Silver futures tumbled by 628 Rupees or 1.03% to settle at Rs. 62,711 per kg. Amid the hopeful COVID-19 vaccine, the investor’s attention is driven further away from the precious metals. In the international market, Gold was trading at USD 1835 per ounce in New York. On the other hand, Silver traded at USD 23.84 per ounce.
USD/ INR- Sensex Today
Sensex ended in the red on 10 December. Accordingly, it decreased by 0.31% and saw a 143.62 point drop. Thereby ending the session at 45,959.88 at 4:10 PM IST on Thursday. Similarly, the NIFTY fell by 0.38% or 50.80 points drop and ended up at 13,478.30.