Choice Commodity Research

Sumeet Bagadia’s Desk:Buy GOLDM|25SEP26 PE 153000.00 in Commodity @ 1326.50 SL 1048.00 TGT 1883.50

Natural Gas Update Natural gas prices fell as market monitored diplomatic efforts to ease Middle East tensions, including potential U.S.-Iran talks this week. However, ongoing Strait of Hormuz shipping disruptions, below-average European storage, Norwegian maintenance, and Asian LNG competition keep supply risks and volatility elevated. -Choice Broking

Weekly CFTC Speculative Positioning Copper (Major Liquidation) : Net longs slashed by 16,476 contracts to 65,541: Major Liquidation. Gold (Mild Trim) : Net longs cut by 2,488 contracts to 137,060. Silver (Modest Gain) : Net longs increased by 1,544 contracts to 12,632. Brent Crude (Bullish Surge) : Net longs rose by 16,904 contracts to 282,657. WTI Oil (Slight Retreat) : Net longs down by 531 contracts to 139,515. Natural Gas (Short Covering) : Net shorts narrowed by 153 contracts to 48,029. -Choice Broking

Iron Condor - COPPER,Max Profit - 18200.00| Max Loss - 6800.00.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Iron Condor - COPPER,Max Profit - 18200.00| Max Loss - 6800.00.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Rupee Update The Indian rupee held firm near 95.75 per dollar, buoyed by falling Brent crude prices ($102/bbl), anticipated foreign inflows from the $2.3 billion NSE IPO, and ongoing RBI intervention. However, elevated importer dollar demand and potential Fed rate hikes continue to limit further gains. -Choice Broking

Dollar Update The dollar index steadied near 100.2 level as investors await speeches from key Fed officials following last week's rate hike and hawkish signals. Meanwhile, Minneapolis Fed Chair Kashkari warned of persistent inflation, while BOJ dissenters pressured the yen. -Choice Broking

*Gold gapped down by -600 pts, Silver by -1000 pts, Crude oil down by -2.50%, NG by -1%*

People’s Bank of China kept its benchmark lending rates unchanged for a 16th straight month at record lows. 1-y Loan Prime Rate Actual: 3.00% Expected: 3.00% Previous: 3.00% 5-y Loan Prime Rate Actual:3.50% Expected: 3.50% Previous: 3.50% -Choice Broking

📊 Global Market Snapshot Equities: Global indices mostly higher; Nasdaq +0.56%, S&P 500 +0.37%. Bonds: US Treasury yields moved higher, with the 10Y near 4.92%. Crude: Oil declined sharply — WTI $93.88 (-2.29%), Brent $101.64 (-2.15%). Gold: Gold at $4,403.70, down 0.48%; Silver at $66.90, down 0.37%. Base Metals: Copper gained 0.48%, while aluminium slipped 0.13%. USD: Dollar index around 100, indicating a relatively firm dollar backdrop. Overall: Risk sentiment remains mixed, with weaker oil and precious metals, while equities and copper show modest strength

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in SILVERMIC|30NOV26

US CB Leading Index m/m Actual : -0.1% Forecast : 0.1% Prev.: 0.2% Impact: Positive for Bullion

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ZINC|30SEP26

Sumeet Bagadia’s Desk : Book Part Profit @ 430.85...Buy in Commodity ZINC|30SEP26 @ 430.40 SL 429.80 TGT 431.60

Sumeet Bagadia’s Desk:Buy ZINC|30SEP26 in Commodity @ 430.40 SL 429.80 TGT 431.60