Choice Commodity Research

Dollar Update The dollar steadied before Fed minutes and key PCE, GDP data. Markets assess mixed labor and inflation signals. Officials favor holding rates steady, while US-Iran nuclear talks offered limited geopolitical relief. -Choice Broking

*silver Update* Silver prices rebounded after consecutive losses on dip-buying and positioning before Federal Reserve minutes. Rate-cut expectations supported prices, while dollar strength, easing geopolitical tensions, and Lunar New Year holidays limited safe-haven demand. -Choice Broking

Global Update * The dollar index is steadied above 97 as investors await insights from the Federal Reserve's latest policy meeting minutes concerning interest rates. * Fed Governor Michael Barr stated that rates should remain steady until there's greater confidence that inflation is approaching the 2% target. * Market attention is also on the upcoming release of the PCE Price Index and GDP data, which is anticipated to show continued economic growth. * The US is proposing a critical minerals price floor system to allies, aiming to reduce reliance on China for essential resources. * Geopolitically, US–Iran discussions regarding Iran's nuclear program have lowered the geopolitical risk premium, with a "general agreement" reached and further talks planned in Geneva. * US-mediated negotiations between Ukraine and Russia are ongoing, with potential sanctions relief and increased Russian oil supply to the market. * Japan plans to invest $36 billion in US oil, gas, and critical mineral projects as part of a larger $550 billion trade agreement with the US. * Japanese manufacturers report improved sentiment in February but cite weak domestic auto sales and stricter rare-earth export controls from China as challenges. -Choice Broking

Commodity Update Iran's Foreign Minister announced good progress in US-Iran talks, with agreements on key issues and upcoming document exchanges for a potential deal seen as a major step toward better relations. This triggered a sharp crude oil price drop, with potential pressure on gold and silver. Choice Broking

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ZINC|27FEB26

Sumeet Bagadia’s Desk : Book Part Profit @ 318.25...Sell in Commodity ZINC|27FEB26 @ 319 SL 319.8 TGT 317.40

Silver hit LC by -4% at 233502

US Empire State Manufacturing Index Actual : 7.1 Forecast: 6.4 Prev.: 7.7 Impact : Positive for Base Metals

ADP Weekly Employment Change Actual : 10.3 Prev.: 6.5K Impact : Negative for Bullion

Sumeet Bagadia’s Desk:Sell ZINC|27FEB26 in Commodity @ 319 SL 319.8 TGT 317.40

Sumeet Bagadia’s Desk : Stopped Out @ 3190.5...Buy in Commodity GOLDM|26FEB26 CE 151000.00 @ 3539 SL 3197 TGT 4223.00

Sumeet Bagadia’s Desk:Buy GOLDM|26FEB26 CE 151000.00 in Commodity @ 3539 SL 3197 TGT 4223.00

Sumeet Bagadia’s Desk : Target Achieved @ 16.3...Buy in Commodity NATURALGAS|20FEB26 CE 280.00 @ 13.3 SL 11.8 TGT 16.30

Sumeet Bagadia’s Desk : Target Achieved @ 304.8...Buy in Commodity CRUDEOIL|17MAR26 CE 5800.00 @ 266.8 SL 248 TGT 304.40

Sumeet Bagadia’s Desk : Exit @ 306.45...Sell in Commodity ALUMINIUM|27FEB26 @ 306.8 SL 307.6 TGT 305.20

Sumeet Bagadia’s Desk : Book Part Profit @ 285...Buy in Commodity CRUDEOIL|17MAR26 CE 5800.00 @ 266.8 SL 248 TGT 304.40

Sumeet Bagadia’s Desk:Sell ALUMINIUM|27FEB26 in Commodity @ 306.8 SL 307.6 TGT 305.20

Sumeet Bagadia’s Desk : Book Part Profit @ 14.4...Buy in Commodity NATURALGAS|20FEB26 CE 280.00 @ 13.3 SL 11.8 TGT 16.30