Choice Commodity Research

Rupee Update The rupee hovered near 96.2 per dollar after a nine-session fall, supported by RBI dollar sales and softer crude. However, dollar strength and weak Asian currencies keep sentiment cautious, with import demand likely limiting gains. -Choice Broking

Sumeet Bagadia’s Desk:Buy CRUDEOIL|16JUN26 PE 9300.00 in Commodity @ 728 SL 702 TGT 780.00

Bullion Update Gold prices steady amid mixed US-Iran peace negotiation signals, keeping investors cautious on inflation and interest rate outlook, while uranium and Strait of Hormuz control disputes and US rejection of proposals weighed on sentiment. -Choice Broking

Natural Gas Update Natural gas prices declined as US storage rose by 101 bcf above expectations and LNG export flows weakened due to maintenance activity. However, moderate to light weather in U.S. limit upside. -Choice Broking

Global Commodity Market Heatmap Global markets traded mostly higher, supported by gains in equities, crude oil, and industrial commodities. The Nikkei surged 1.57%, while US indices also advanced modestly. Brent and WTI crude prices climbed over 1%, reflecting stronger energy sentiment. Copper and coffee gained, whereas gold, silver, and cocoa declined. Grain markets remained weak, with wheat and corn lower. Livestock futures saw sharp losses, while the US dollar stayed largely stable amid moderate market volatility.

Sumeet Bagadia’s Desk : Book Full Profit @ 158950...Buy in Commodity GOLDM|05JUN26 @ 158618 SL 158343 TGT 159168.00

Sumeet Bagadia’s Desk : Book Part Profit @ 158850...Buy in Commodity GOLDM|05JUN26 @ 158618 SL 158343 TGT 159168.00

Sumeet Bagadia’s Desk:Buy GOLDM|05JUN26 in Commodity @ 158618 SL 158343 TGT 159168.00

Sumeet Bagadia’s Desk : Stopped Out @ 388...Buy in Commodity ALUMINIUM|29MAY26 @ 388.75 SL 388.05 TGT 390.15

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ZINC|29MAY26

Sumeet Bagadia’s Desk : Book Part Profit @ 367.15...Sell in Commodity ZINC|29MAY26 @ 367.25 SL 368 TGT 365.75

Sumeet Bagadia’s Desk:Buy ALUMINIUM|29MAY26 in Commodity @ 388.75 SL 388.05 TGT 390.15

*US Natural Gas Storage* Actual : 101B Forecast: 96B Prev.: 85B Impact: Negative for NG

Sumeet Bagadia’s Desk:Sell ZINC|29MAY26 in Commodity @ 367.25 SL 368 TGT 365.75

*US Flash Manufacturing PMI* Actual : 55.3 Forecast : 53.8 Prev.: 54.5 Impact: Positive for Base metals *US Flash Services PMI* Actual : 50.9 Forecast : 51.1 Prev.: 51.0 Impact: Positive for Bullion

Sumeet Bagadia’s Desk : Target Achieved @ 1335...Sell in Commodity COPPER|29MAY26 @ 1339.35 SL 1341.35 TGT 1335.35

Sumeet Bagadia’s Desk : Book Part Profit @ 1336.15...Sell in Commodity COPPER|29MAY26 @ 1339.35 SL 1341.35 TGT 1335.35

Sumeet Bagadia’s Desk:Sell COPPER|29MAY26 in Commodity @ 1339.35 SL 1341.35 TGT 1335.35