Gold and silver prices recorded an upward direction on Thursday, June 18, 2026. Gold was listed at $4,337.30 per ounce, while silver stood at $71.03 per ounce.
Gold Price
Gold (per oz): $4,337.30 ↑
Gold 24K (per 10g): ₹132,001 approx
Gold 22K (per 10g): ₹120,913 approx
Silver Price
Silver (per oz): $71.03 ↑ (₹6,724 approx)
Sil
Gold and silver prices recorded an upward direction on Thursday, June 18, 2026. Gold was listed at $4,337.30 per ounce, while silver stood at $71.03 per ounce.
Gold Price
Gold (per oz): $4,337.30 ↑
Gold 24K (per 10g): ₹132,001 approx
Gold 22K (per 10g): ₹120,913 approx
Silver Price
Silver (per oz): $71.03 ↑ (₹6,724 approx)
Sil
The Reserve Bank of India is reviewing a proposal to introduce polymer, or plastic, currency notes in the country. However, no final decision has been taken yet.
RBI Governor Sanjay Malhotra said the idea is still at a preliminary stage and the central bank is currently studying whether such notes would be suitable for India.
According to him, the proposal is under consideration, and the public will be informed whenever a decision is made.
RBI Studying B
The Reserve Bank of India is reviewing a proposal to introduce polymer, or plastic, currency notes in the country. However, no final decision has been taken yet.
RBI Governor Sanjay Malhotra said the idea is still at a preliminary stage and the central bank is currently studying whether such notes would be suitable for India.
According to him, the proposal is under consideration, and the public will be informed whenever a decision is made.
RBI Studying B
Proposal Raises Currency Debate
President Donald Trump could appear on a proposed new $250 bill if Congress approves legislation that would change current restrictions on US currency. The proposal has drawn attention because federal law currently bars living people from appearing on American paper money. If approved, the measure would allow Trump to be featured on a commemorative bill connected to the 250th
Proposal Raises Currency Debate
President Donald Trump could appear on a proposed new $250 bill if Congress approves legislation that would change current restrictions on US currency. The proposal has drawn attention because federal law currently bars living people from appearing on American paper money. If approved, the measure would allow Trump to be featured on a commemorative bill connected to the 250th
The Indian rupee has reached a historic low of 96 against the US dollar, affecting household budgets, imported goods, and fuel prices. With each dollar costing more in rupees, daily expenses are rising for families across India.
Why the Rupee Is Weak Today
Several factors are driving the rupee’s decline:
Rising Oil Prices
Global tensions near key oil routes have pushed crude prices above $
The Indian rupee has reached a historic low of 96 against the US dollar, affecting household budgets, imported goods, and fuel prices. With each dollar costing more in rupees, daily expenses are rising for families across India.
Why the Rupee Is Weak Today
Several factors are driving the rupee’s decline:
Rising Oil Prices
Global tensions near key oil routes have pushed crude prices above $
PHILADELPHIA — A CBP canine named Nitro helped officers seize more than $44,000 in hidden cash from a passenger preparing to board a flight to Cancun, Mexico, at Philadelphia International Airport on Wednesday, April 30.
According to U.S. Customs and Border Protection officials, the 54-year-old traveler initially claimed he was carrying only $10,000. However, officers later discovered more than $44,000 concealed inside separate envelopes in the passenger’s carry-on bag after Nitro alerted authorities during an outbound enforcement inspection.
Why Was the Cash Seized?
Federal law does not limit how much cash travelers can carry into or out of the United States. However, travelers must report amounts exceeding $10,000 to the U.S. Treasury.
CBP officials said the passenger failed to properly declare the money and attempted to conceal the currency to evade federal reporting laws. Authorities seized the cash and later returned $240 before releasing the traveler.
“This traveler concealed currency in multiple locations for the purpose of evading federal currency reporting laws,” Acting Area Port Director Elliott Ortiz said in a statement.
CBP Says Currency Seizures Remain a Major Focus
Nitro, a three-year-old chocolate Labrador retriever trained to detect currency, firearms, and ammunition, played a key role in the airport cash seizure.
CBP said officers and agents seized an average of nearly $180,000 in unreported or illicit currency every day across U.S. borders during 2025, highlighting growing enforcement efforts tied to international travel and bulk cash smuggling investigations.
PHILADELPHIA — A CBP canine named Nitro helped officers seize more than $44,000 in hidden cash from a passenger preparing to board a flight to Cancun, Mexico, at Philadelphia International Airport on Wednesday, April 30.
According to U.S. Customs and Border Protection officials, the 54-year-old traveler initially claimed he was carrying only $10,000. However, officers later discovered more than $44,000 concealed inside separate envelopes in the passenger’s carry-on bag after Nitro alerted authorities during an outbound enforcement inspection.
Why Was the Cash Seized?
Federal law does not limit how much cash travelers can carry into or out of the United States. However, travelers must report amounts exceeding $10,000 to the U.S. Treasury.
CBP officials said the passenger failed to properly declare the money and attempted to conceal the currency to evade federal reporting laws. Authorities seized the cash and later returned $240 before releasing the traveler.
“This traveler concealed currency in multiple locations for the purpose of evading federal currency reporting laws,” Acting Area Port Director Elliott Ortiz said in a statement.
CBP Says Currency Seizures Remain a Major Focus
Nitro, a three-year-old chocolate Labrador retriever trained to detect currency, firearms, and ammunition, played a key role in the airport cash seizure.
CBP said officers and agents seized an average of nearly $180,000 in unreported or illicit currency every day across U.S. borders during 2025, highlighting growing enforcement efforts tied to international travel and bulk cash smuggling investigations.
The prices of gold and silver saw a rise in the market today. Gold remains a strong asset while silver continues to gain traction among investors.
Gold Price
Gold (per oz): $4,560.50 (↑)
Gold 24K (per 10g): ₹14,692 approx
Gold 22K (per 10g): ₹13,464 approx
Silver Price
Silver (per oz): $73.86 (↑) (₹6,894 approx)
The prices of gold and silver saw a rise in the market today. Gold remains a strong asset while silver continues to gain traction among investors.
Gold Price
Gold (per oz): $4,560.50 (↑)
Gold 24K (per 10g): ₹14,692 approx
Gold 22K (per 10g): ₹13,464 approx
Silver Price
Silver (per oz): $73.86 (↑) (₹6,894 approx)
The Japanese yen recorded a sharp rise against the US dollar for the second consecutive day, drawing significant attention from global financial markets already focused on geopolitical tensions and rising oil prices. In early Asian trading on Monday, the yen surged nearly 0.9 percent within minutes of market opening, suggesting strong intervention signals from Japanese authorities.
Market reports indicate that Japan may have injected approximately 5.48 trillion yen, equivalent to ab
The Japanese yen recorded a sharp rise against the US dollar for the second consecutive day, drawing significant attention from global financial markets already focused on geopolitical tensions and rising oil prices. In early Asian trading on Monday, the yen surged nearly 0.9 percent within minutes of market opening, suggesting strong intervention signals from Japanese authorities.
Market reports indicate that Japan may have injected approximately 5.48 trillion yen, equivalent to ab
UAE exits OPEC and reshapes global oil and currency dynamics
The decision by the United Arab Emirates to exit OPEC and OPEC+ marks a major shift in global energy markets. This move could increase oil price volatility, weaken OPEC’s control, and challenge the dominance of the US dollar in global oil trade. The timing is critical, coming amid rising oil prices, a growing dollar shortage in Gulf countries, and escalating tensions around the Strait of Hormuz.
What does thi
UAE exits OPEC and reshapes global oil and currency dynamics
The decision by the United Arab Emirates to exit OPEC and OPEC+ marks a major shift in global energy markets. This move could increase oil price volatility, weaken OPEC’s control, and challenge the dominance of the US dollar in global oil trade. The timing is critical, coming amid rising oil prices, a growing dollar shortage in Gulf countries, and escalating tensions around the Strait of Hormuz.
What does thi
The Reserve Bank of India (RBI) is expected to introduce incentives for Non-Resident Indian (NRI) deposits in its upcoming April monetary policy review to help stabilize the Indian Rupee. Experts suggest that the RBI may revive the foreign currency non-resident (FCNR B) deposit scheme to attract foreign deposits and address the rupee's volatility. Currently, the UAE accounts for over 40% of FCNR (B) deposits, showing a heavy reliance on the Gulf region.
NRI deposit inflows have seen
The Reserve Bank of India (RBI) is expected to introduce incentives for Non-Resident Indian (NRI) deposits in its upcoming April monetary policy review to help stabilize the Indian Rupee. Experts suggest that the RBI may revive the foreign currency non-resident (FCNR B) deposit scheme to attract foreign deposits and address the rupee's volatility. Currently, the UAE accounts for over 40% of FCNR (B) deposits, showing a heavy reliance on the Gulf region.
NRI deposit inflows have seen
The Indian rupee slipped past the 95 mark against the US dollar on March 30, 2026, hitting an all-time low of 95.20 per dollar, a decline of 0.3% for the day. This drop occurred despite the Reserve Bank of India's (RBI) recent intervention aimed at curbing currency volatility. The currency has been under pressure from a mix of global factors, sustained foreign outflows, and rising oil prices.
The RBI had introduced measures to support the rupee by tightening limits on banks' foreign exchange positions. As of late Friday, the central bank directed banks to cap their net open rupee positions in the foreign exchange market at $100 million by the end of each business day, with compliance required by April 10. While this move offered temporary relief, the impact was limited as analysts pointed out that underlying factors, such as persistent foreign outflows and high crude oil prices, continued to weigh on the rupee.
Foreign portfolio outflows have been one of the major contributors to the rupee's weakness. These outflows, coupled with high global oil prices, have put pressure on India’s current account deficit, thus exerting more pressure on the currency. The rising oil prices are linked to geopolitical tensions, such as the ongoing conflict in Iran, which has exacerbated market volatility. Additionally, the wider spread between the onshore and non-deliverable forward (NDF) markets, due to increasing volatility, has contributed to the rupee’s decline.
Despite the RBI’s directive, the rupee continued its downward spiral, reflecting broader economic challenges. The currency has fallen over 4% in March alone, marking its worst monthly performance in over seven years. The Nifty 50 index also reflected the market's overall weakness, dropping by about 2% on Monday, with a looming risk of its worst monthly decline since March 2020.
In this uncertain climate, analysts predict that unless there is a significant drop in oil prices or a reversal in foreign fund flows, the pressure on the rupee is likely to persist. The continued outflows from emerging markets and heightened global uncertainty have created a negative sentiment surrounding India’s economic outlook, which, in turn, has kept the rupee under significant pressure.
The Indian rupee slipped past the 95 mark against the US dollar on March 30, 2026, hitting an all-time low of 95.20 per dollar, a decline of 0.3% for the day. This drop occurred despite the Reserve Bank of India's (RBI) recent intervention aimed at curbing currency volatility. The currency has been under pressure from a mix of global factors, sustained foreign outflows, and rising oil prices.
The RBI had introduced measures to support the rupee by tightening limits on banks' foreign exchange positions. As of late Friday, the central bank directed banks to cap their net open rupee positions in the foreign exchange market at $100 million by the end of each business day, with compliance required by April 10. While this move offered temporary relief, the impact was limited as analysts pointed out that underlying factors, such as persistent foreign outflows and high crude oil prices, continued to weigh on the rupee.
Foreign portfolio outflows have been one of the major contributors to the rupee's weakness. These outflows, coupled with high global oil prices, have put pressure on India’s current account deficit, thus exerting more pressure on the currency. The rising oil prices are linked to geopolitical tensions, such as the ongoing conflict in Iran, which has exacerbated market volatility. Additionally, the wider spread between the onshore and non-deliverable forward (NDF) markets, due to increasing volatility, has contributed to the rupee’s decline.
Despite the RBI’s directive, the rupee continued its downward spiral, reflecting broader economic challenges. The currency has fallen over 4% in March alone, marking its worst monthly performance in over seven years. The Nifty 50 index also reflected the market's overall weakness, dropping by about 2% on Monday, with a looming risk of its worst monthly decline since March 2020.
In this uncertain climate, analysts predict that unless there is a significant drop in oil prices or a reversal in foreign fund flows, the pressure on the rupee is likely to persist. The continued outflows from emerging markets and heightened global uncertainty have created a negative sentiment surrounding India’s economic outlook, which, in turn, has kept the rupee under significant pressure.
