Dollar Slides from 18‑Month High as RBI Boosts Rupee; Commodities Mixed

The U.S. dollar weakened, falling from its recent 18‑month peak and prompting a rally in the Indian rupee after the Reserve Bank of India stepped in to support the currency. The rupee extended its gains, trading stronger against the dollar as market participants responded to the central bank’s intervention.

In the commodities arena, prices moved in a mixed pattern. Gold edged up to $4,187.51, a gain of $15.74 or 0.38%. Silver rose to $60.768, up $0.255 or 0.42%. Crude oil saw a decline: WTI fell to $92.07, down $1.67 or 1.78%, while Brent slipped to $105.06, down $1.59 or 1.49%. Copper edged higher to $6.7648, up $0.0178 or 0.26%. Aluminum slipped to $3,042.43, down $5.37 or 0.18%. Natural gas prices fell slightly to $3.159, down $0.008 or 0.25%. These movements reflect a cautious stance among investors amid ongoing global economic uncertainty.