USD/ INR: Indian Rupee Forex Report 3 December

USD/INR- Indian rupee value settled at 73.86 on 3 December against the US Dollar. The rupee opened at a high of 73.860 on Thursday. Yesterday, it reached the highest at 73.010 and the lowest at 73.870. At the same time, the dollar index increased by 0.04% to settle at 90.698. 

USD/ INR: Oil Prices

The US WTI crude oil 1.73% higher at 10.35 PM GMT on 3 December. Accordingly, Crude oil traded at USD 46.43 per barrel globally. On the other hand, Brent Crude was trading at USD 49.55 per barrel as it traded 1.72% higher on Thursday. Finally, OPEC+ reaches deals on cutting the oil output in 2021. Also, the Chinese demand for oil has led to rise in its oil imports that aid well for the oil refinery sector.

USD/ INR- Gold Prices

Gold prices increased on 3 December. Accordingly, December gold futures rose by 0.86% or 49,367 Rupees to Rs. 48,569 per 10 grams on the multi-commodity exchange. Likewise, Silver futures rose by 365 Rupees or 0.59% to settle at Rs. 62,518 per kg. Despite investors straying towards COVID-19 vaccine, the fresh positions built up by the participants helped gold prices yesterday. In the international market, Gold was trading at USD 1844.20 per ounce in New York. On the other hand, Silver traded at USD 24.32 per ounce.

USD/ INR- Sensex Today

Sensex ended the green on 3 December. Accordingly, it increased by 0.03% and saw a 14.61 point rise. Thereby ending the session at 44,632.65 at 4:10 PM IST on Thursday. Similarly, the NIFTY rose by 0.15% or 20.15 points rise and ended up at 13,133.90. Bajaj Finance, SBI, Asian Paints were leading in the stock market yesterday.

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