Choice Commodity Research

Sumeet Bagadia’s Desk:Buy GOLDM|28APR26 PE 145000.00 in Commodity @ 3445 SL 3199 TGT 3937.00

Dollar Update The dollar index pared its early gains and fell below 100 level as ceasefire talks between Iran and the US improved sentiment. Easing Hormuz tensions lowered oil pressure, while investors await CPI data and Federal Reserve policy signals. -Choice Broking

Sumeet Bagadia’s Desk:Buy ZINC|30APR26 in Commodity @ 325.35 SL 324.6 TGT 326.85

Sumeet Bagadia’s Desk : Stopped Out @ 237259...Sell in Commodity SILVERMIC|30APR26 @ 235050 SL 237250 TGT 230650.00

Sumeet Bagadia’s Desk : Stopped Out @ 264...Sell in Commodity NATURALGAS|27APR26 @ 262.1 SL 264 TGT 258.30

Sumeet Bagadia’s Desk:Sell NATURALGAS|27APR26 in Commodity @ 262.1 SL 264 TGT 258.30

Sumeet Bagadia’s Desk:Sell SILVERMIC|30APR26 in Commodity @ 235050 SL 237250 TGT 230650.00

Crude Oil Update Crude prices fell on ceasefire hopes between US and Iran, though tensions persist after Trump’s ultimatum. OPEC+ raised output quotas, warning infrastructure damage could impact supply despite easing conflict conditions globally. -Choice Broking

Copper Update Copper prices slightly rose Amidst on the U.S., ​Iran and a group of regional ‌mediators talk on a 45-day ceasefire truce lifted sentiment, though supply remains ample, inventories high, and energy costs still threaten demand globally overall. -Choice Broking

Natural Gas Update Natural gas prices steadied as mild weather lifted storage to 36 Bcf, despite Trump’s Iran ultimatum. Supply risks remain limited, since U.S. export terminals are already near maximum capacity domestically overall. -Choice Broking

Dollar Update The dollar index rose above 100 level as Donald Trump escalated Iran threats. Strong jobs data, inflation concerns, and expectations of delayed Federal Reserve rate cuts supported gains. -Choice Broking

Rupee Update The rupee weakened to 92.8 per dollar amid Middle East tensions, though RBI curbs on speculation supported it. Iran unrest, stalled ceasefire talks, and duty relief shaped sentiment overall today. -Choice Broking

US Average Hourly Earnings m/m Actual : 0.2% Forecast : 0.3% Prev.: 0.4% Impact : Positive for Bullion US Non-Farm Employment Change Actual : 178K Forecast: 65K Prev.: -133K Impact : Negative for Bullion Unemployment Rate Actual : 4.3% Forecast : 4.4% Prev.: 4.4% Impact : Negative for Bullion