USD/INR- Indian rupee value settled at 73.77 on 2 December against the US Dollar. The rupee opened at a high of 73.48 on Wednesday. Yesterday, it reached the highest at 73.402 and the lowest at 73.835. At the same time, the dollar index decreased by 0.10% to settle at 91.03.
USD/ INR: Oil Prices
The US WTI crude oil 0.38% lower at 11:50 PM GMT on 2 December. Accordingly, Crude oil traded at USD 45.11 per barrel globally. On the other hand, Brent Crude was trading at USD 48.09 per barrel as it traded 0.14% higher on Wednesday. The recession and the supply-demand mismatch takes a toll on the oil refinery sector as well. Also, another significant reason for the oil drop is OPEC+ uncertainty.
USD/ INR- Gold Prices
Gold prices rose on 2 December. Accordingly, December gold futures increased by 0.23% or 205 Rupees to Rs. 48,275 per 10 grams on the multi-commodity exchange. Likewise, Silver futures rose by 312 Rupees or 0.56% to settle at Rs. 61,450 per kg. With the 90% efficacy news on COVID-19 vaccine, the investors are hopefully awaiting a faster economic rebound. In the international market, Gold was trading at USD 1830.40 per ounce in New York. On the other hand, Silver traded at USD 24.24 per ounce.
USD/ INR- Sensex Today
Sensex ended the red on 2 December. Accordingly, it decreased by 0.08% and saw a 37.40 point drop. Thereby ending the session at 44,618.04 at 4:10 PM IST on Wednesday. On the contrary, the NIFTY rose by 0.04% or 4.70 points rise and ended up at 13,113.75.