Choice Commodity Research

Rupee Update The rupee fell to 95.7 per dollar, marking its fourth decline as surging crude prices and higher US yields pressured the currency. Brent neared $110 amid Middle East tensions, while 70% Fed hike odds and limited RBI intervention added pressure. -Choice Broking

Gold down by -1300 pts, Silver by -3150 pts

Sumeet Bagadia’s Desk : Stopped Out @ 4.10...Buy in Commodity NATURALGAS|23SEP26 PE 260.00 @ 6.40 SL 4.30 TGT 10.60

Global Market Heatmap Global markets were mixed, with US equities largely steady while European and Japanese markets declined. Oil prices remained elevated, with WTI near $102.7 and Brent around $107.8. Gold fell 0.96% to $4,364.9, while silver declined 1.67% to $63.85. Copper eased 0.15%, and aluminium dropped 1.84%. The dollar index was broadly stable near 98.85, while US Treasury yields edged lower across maturities.

US Crude Oil Inventories Actual: -0.4M Forecast: -1.4M Prev: -4.5M Impact: Negative for crude oil US Distillate Inventories Actual: 2.1M Forecast: -0.3M Prev: 0.8M Impact: Negative for crude oil US Gasoline Inventories Actual: 1.3M Forecast: -1.3M Prev: -1.2M Impact: Negative for crude oil

US Natural Gas Storage Actual : 40B Forecast: 35B Prev.: 30B Impact:Negative for NG

US Existing Home Sales Actual : 3.98M Forecast : 3.98M Prev.: 4.06M Impact :Neutral for Bullions US Final Wholesale Inventories m/m Actual : 1.3% Forecast : 1.2% Prev.: 1.3% Impact:Neutral or Positive for for Base metals

MCX Silver prices fell down -9300pts (-3.5%), @234827, with next support around 231800

Sumeet Bagadia’s Desk : Stopped Out @ 7219.00...Buy in Commodity ELECDMBL|29SEP26 @ 7287.00 SL 7224.00 TGT 7413.00

US Core PPI m/m Actual : 0.2% Forecast: 0.3% Prev.: 0.2% Impact : Positive for Bullion US PPI m/m Actual : 0.4% Forecast: 0.4% Prev.: 0.0% Impact : Neutral for Bullion US Unemployment Claims Actual : 206k Forecast : 205K Prev.: 206K Impact: Positive for Bullion

Sumeet Bagadia’s Desk : Book Part Profit @ 9586.....Buy in Commodity CRUDEOILM|20SEP27 @ 9421.00 SL 9240.00 TGT 9783.00

ECB Main Refinancing Rate Actual : 2.65% Forecast: 2.65% Prev.: 2.40% Impact : Neutral-to-Negative for Dollar

Sumeet Bagadia’s Desk : Stopped Out @ 7083.00...Buy in Commodity CRUDEOILM|20SEP27 @ 9421.00 SL 9240.00 TGT 9783.00

Sumeet Bagadia’s Desk:Buy CRUDEOILM|20SEP27 in Commodity @ 9421.00 SL 9240.00 TGT 9783.00

Sumeet Bagadia’s Desk:Buy ELECDMBL|29SEP26 in Commodity @ 7287.00 SL 7224.00 TGT 7413.00

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

Sumeet Bagadia’s Desk : Target Achieved @ 153250.00...Sell in Commodity GOLDM|05OCT26 @ 153650.00 SL 153850.00 TGT 153250.00