Choice Commodity Research

Sumeet Bagadia’s Desk : Book Profit @ 9.40...Buy in Commodity COPPER|23SEP26 CE 1400.00 @ 8.94 SL 7.69 TGT 11.44

Sumeet Bagadia’s Desk:Sell CRUDEOIL|17SEP26 CE 9600.00 in Commodity @ 154.80 SL 192.80 TGT 0.10

Gold Update China gold ETF holdings stood at 293 tonnes in Aug; central bank buys at 3-year high driven by both higher gold prices and fund inflows, according to a World Gold Council report. Chinese investors continued to buy gold ETFs in early September amid declining local government bond yields and sluggish equities WGC reported. Positive for Gold. -Choice Broking

Daily LME Stock Update LME inventories: zinc up 1,575 tonnes, lead down 2,750 tonnes, aluminium down 1,000 tonnes, nickel unchanged, copper up 1,750 tonnes. -Choice Broking

Sumeet Bagadia’s Desk:Buy SILVERMIC|30NOV26 in Commodity @ 234981.00 SL 232490.00 TGT 239963.00

Sumeet Bagadia’s Desk:Buy COPPER|23SEP26 CE 1400.00 in Commodity @ 8.94 SL 7.69 TGT 11.44

Long Put Butterfly - CRUDEOIL,Max Profit - 14060.00| Max Loss - 5940.00.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Long Put Butterfly - CRUDEOIL,Max Profit - 14060.00| Max Loss - 5940.00.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Gold Update India’s gem and jewellery exports grew 12.52% year-on-year in August driven by strong demand for value-added studded gold jewellery across key markets including the US, UAE, Hong Kong, the UK, and France. Positive for Gold. -Choice Broking

Sumeet Bagadia’s Desk : Stopped Out @ 123.10...Sell in Commodity CRUDEOIL|17SEP26 PE 9800.00 @ 93.00 SL 123.10 TGT 0.10

Alumnium Update China’s August aluminium production reached a record 3.98 million metric tons—up 4.7% year-on-year—driven by strong profits. Smelters in the world's top producing nation boosted output past June’s prior record despite strict national capacity limits. -Choice Broking

Crude Oil Update Libya's National Oil Corporation said oil production has returned to normal after a brief decline caused by shutdowns at three oilfields and it does not expect further outages. Negative for Crude Oil. -Choice Broking

Sumeet Bagadia’s Desk:Buy NATURALGAS|25SEP26 in Commodity @ 279.10 SL 276.70 TGT 283.90

Sumeet Bagadia’s Desk:Sell CRUDEOIL|17SEP26 PE 9800.00 in Commodity @ 93.00 SL 123.10 TGT 0.10

Copper Update Copper prices rose as Chinese buyers exploited recent price dips to restock, driving the Yangshan premium up 7% to a four-year high. Slowing US Comex inflows and ongoing tariff uncertainties helped ease LME tightness, moving spreads into contango. -Choice Broking

Dollar Update The US dollar reached a seven-week high at 100$ alongside surging Treasury yields after the Federal Reserve unanimously raised interest rates. Officials, including new Chair Kevin Warsh, signaled further rate increases ahead, including one projected for 2026, while markets await central bank decisions from the UK and Japan. -Choice Broking

Rupee Update The Indian rupee weakened to around 96.1 per dollar as elevated crude prices, a stronger dollar, rising US yields and Fed tightening expectations weighed on sentiment. Foreign portfolio outflows further intensified pressure on the currency amid expectations of another rate hike in this year. -Choice Broking

Gold resumed gapped down by -1.50%, Silver by -1.37%, Copper up by +0.47%