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Spot silver fell back below $63 per ounce, down 0.50% on the day.

2026-08-19

Spot silver fell back below $63 per ounce, down 0.50% on the day.

Other News
2026-08-19

Australia's S&P/ASX 200 index opened down 42.10 points, or 0.46%, at 9,027.90 on Wednesday, Aug 19.

Australia's S&P/ASX 200 index opened down 42.10 points, or 0.46%, at 9,027.90 on Wednesday, Aug 19.
2026-08-18

Fitch unit India Ratings & Research (Ind‑Ra) forecasts India GDP slowing to 6.8% in FY2026‑27 from 7.6% a year earlier, citing Middle East conflict‑linked fuel and food inflation risks, a weaker rupee and potential El Nifio damage to agriculture. Ind

Fitch unit India Ratings & Research (Ind‑Ra) forecasts India GDP slowing to 6.8% in FY2026‑27 from 7.6% a year earlier, citing Middle East conflict‑linked fuel and food inflation risks, a weaker rupee and potential El Nifio damage to agriculture. Ind‑Ra’s quarterly profile is 6.9%/6.6%/6.7%/6.9% for Q1–Q4; the Reserve Bank of India’s forecasts are 7.0%/6.4%/6.5%/6.8%. Ind‑Ra now assumes an FY2026‑27 average oil price of $85/bbl (May view $95) and a rupee average of 93.98 per USD (May: 94.28), implying a 6.4% YoY depreciation. Ind‑Ra chief economist Pant put the basket crude average at $101.31/bbl for Apr–Jun 2026 and $96.49/bbl for Apr–Jul 2026. The agency said lower oil should narrow the trade/current‑account deficit and support growth, but El Nifio‑driven inflation could limit that upside.
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