Choice Commodity Research

Sumeet Bagadia’s Desk:Buy GOLDM|29MAY26 CE 153000.00 in Commodity @ 2968 SL 2800 TGT 3304.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in CRUDEOIL|18MAY26

Sumeet Bagadia’s Desk : Book Part Profit @ 9025...Sell in Commodity CRUDEOIL|18MAY26 @ 9062 SL 9100 TGT 8986.00

Sumeet Bagadia’s Desk:Buy ZINC|29MAY26 in Commodity @ 347.9 SL 347.2 TGT 349.30

Sumeet Bagadia’s Desk : Book Part Profit @ 259300...Buy in Commodity SILVERMIC|30JUN26 @ 258294 SL 256990 TGT 260902.00

Sumeet Bagadia’s Desk:Sell CRUDEOIL|18MAY26 in Commodity @ 9062 SL 9100 TGT 8986.00

Sumeet Bagadia’s Desk : Exit @ 1311.15...Buy in Commodity COPPER|29MAY26 @ 1310.45 SL 1208.5 TGT 1514.35

Sumeet Bagadia’s Desk:Buy COPPER|29MAY26 in Commodity @ 1310.45 SL 1208.5 TGT 1514.35

Geopolitical Update The US reportedly demanded Iran dismantle key nuclear facilities, transfer all enriched uranium abroad, accept strict inspections, and halt uranium enrichment for 12–15 years under a proposed agreement. -Choice Broking

Dollar Index Update The dollar index weakened as hopes for a US-Iran deal lowered oil prices and inflation fears, though uncertainty remained after Trump warned strikes could resume if Tehran fails to comply. -Choice Broking

Sumeet Bagadia’s Desk:Buy SILVERMIC|30JUN26 in Commodity @ 258294 SL 256990 TGT 260902.00

Rupee Update The Indian rupee rebounded to 94.7 per dollar as falling oil prices, easing US-Iran tensions, softer Treasury yields, and improved global risk sentiment supported emerging market currencies and reduced concerns over India’s import costs. -Choice Broking

Bullion Update Gold prices rose as prospects of a U.S.-Iran peace deal dragged down ​the dollar ​and oil prices, alleviating inflationary pressures that had underpinned bets on higher-for-longer interest rates. -Choice Broking

The chart referred to the military operation as the “Iran Excursion,” highlighting its reported six-week duration while comparing it with the significantly longer timelines of previous US conflicts such as Afghanistan, Iraq, and Vietnam.

Global Commodity Market Heatmap Global markets showed mixed sentiment, with Asian equities outperforming as Nikkei 225 surged over 1%, while US indices remained mostly subdued. Crude oil prices stayed firm above $95 for WTI and $101 for Brent amid ongoing geopolitical concerns. Precious metals advanced, with gold, silver, and platinum posting gains, while copper remained weak. In agri commodities, cocoa rallied sharply, whereas coffee, sugar, wheat, corn, and soybeans traded lower. The US dollar index held steady near 97.85.

US Crude Oil Inventories Actual: -2.3M Forecast: -3.4M Prev: -6.2M Impact: Negative for crude oil US Distillate Inventories Actual: -1.3M Forecast: -2.3M Prev: -4.5M Impact: Negative for crude oil US Gasoline Inventories Actual: -2.5M Forecast: -2.6M Prev: -6.1M Impact: Neutral or Negative for crude oil

Sumeet Bagadia’s Desk : Stopped Out @ 6.7...Buy in Commodity NATURALGAS|22MAY26 PE 250.00 @ 8 SL 6.7 TGT 10.60

US ADP Non-Farm Employment Change Actual : 109K Forecast: 118K Prev.: 62K Impact : Positive for Bullion