Commodity Market Update

Advisory Bazaar Info Services

🇮🇳🇺🇸 US–India Trade Deal Supports Rupee and Markets

Following the announcement of the US–India trade deal, the Indian rupee is expected to strengthen. Under the agreement, tariffs on Indian exports have been reduced from 50% to 18%, and penalties related to Russian energy purchases have been removed.

👉 This is likely to boost foreign capital inflows, ease hedging pressures, and support both the rupee and Indian equity markets.

In 2025, the rupee was the worst-performing Asian currency, depreciating by nearly 5% during the year.

📈 Positive Signals for Equity Markets

According to DBS, the trade deal is clearly positive for exports, the real economy, and overall market sentiment.

Potential Beneficiary Sectors:

✔️ Textiles

✔️ Gems & Jewellery

✔️ Engineering Goods

✔️ Leather

✔️ Chemicals

🥇 Precious Metals

• Gold 🔼 3%+ → $4,837/oz

• US Gold Futures 🔼 4.5% → $4,859/oz

• Silver 🔼 5.9% → $84.09

• Platinum 🔼 3.0% → $2,183.64

• Palladium 🔼 2.7% → $1,765.75

The rally is driven by the US government’s partial shutdown and expectations of Fed rate cuts in 2026.

🔩 Base Metals

• LME Copper 🔼 1.3% → $13,068/tonne (supported by restocking demand in China)

• SHFE Nickel inventories rose to an 8-year high of 55,396 tonnes (+9.06% WoW)