Crude Oil Above $100: How High Energy Prices And Rupee Weakness Impact Gold Prices In India

Oil prices above $100 a barrel are raising concerns for inflation, economic growth and gold prices in India. A weaker rupee and elevated energy costs could influence the domestic bullion market, while supply disruptions and freight charges remain key factors for crude oil. Speaking to Business Today, Vandana Bharti, Head - Commodity Research, SMC Global Securities, explains how crude oil prices, rupee depreciation and inflation could impact gold. She also discusses the outlook for crude oil if geopolitical tensions ease, the possibility of prices moving towards $80–82 and how changing central bank policies may affect precious metals. Get the latest gold and silver market insights.