Category: Markets

In the international market, silver and gold futures mirrored the downward movement seen in the domestic trade

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.18% higher at 97.79

Forex traders said despite the positive sentiment after the India-U.S. trade deal, caution still remains as there is no signed or officially released trade agreement yet — no framework text or final documentation

The trade deal also propelled a sharp rally in textile, leather, gems and jewellery, seafood exports and specialty chemicals stocks

Spot gold jumps over 4%, and silver rises by 6%; analysts see gold’s bull run as intact despite the steep pullback

Gold gained 9.6% in just 20 days of 2026 and over 70% since Donald Trump’s second term began a year ‌ago.

The dollar index, which measures the greenback’s strength against a basket of six currencies, was trading 0.01% lower at 98.90

Titan, HCL Tech, Tech Mahindra, Infosys and Tata Consultancy Services were among the gainers

The dollar index was trading 0.06% lower at 98.21 after the U.S. ISM Manufacturing PMI came in below expectations

The U.S. dollar index strengthened amid safe-haven demand, however, weakness in crude oil prices and FII inflows on January 2 provided a cushion to the rupee