Choice Commodity Research

Sumeet Bagadia’s Desk:Buy SILVERMIC|30NOV26 in Commodity @ 214580.00 SL 212890.00 TGT 217960.00

Sumeet Bagadia’s Desk:Sell ZINC|30OCT26 in Commodity @ 420.50 SL 421.50 TGT 418.50

Weekly CFTC Position - Gold, Silver, & Copper: Net long positions fell across the board (Gold down 3,741; Silver down 1,874; Copper down 295). - WTI Crude: Net long positions fell by 1,017 contracts. - Brent Crude: Net long positions rose by 31,977 contracts. - Natural Gas: Net short positions fell by 11,698 contracts. -Choice Broking

Sumeet Bagadia’s Desk:Buy GOLDM|05NOV26 in Commodity @ 146885.00 SL 146448.00 TGT 147759.00

Gold Update Gold edged up as falling oil prices eased inflation and rate hike concerns, despite pressure from rising September US import prices and Middle East tensions. Investors now await the upcoming Federal Reserve policy meeting and key PCE inflation data. -Choice Broking

Natural gas Update Natural gas prices fell as persistent mild weather reduced heating and cooling demand, alongside El Niño winter concerns. Decreased Lower 48 production and lower LNG export flows further influenced the market, despite storage surpluses continuing to shrink against historical averages. -Choice Broking

China New Home Prices m/m Actual: -0.14% Previous: -0.17% China Fixed Asset Investment ytd/y Actual: -7.2% Expected: -7.3% Previous: -7.2% China GDP q/y Actual: 4.5% Expected: 4.4% Previous: 4.3%         China Industrial Production y/y Actual: 5.5% Expected: 5.4% Previous: 5.2%                 China Retail Sales y/y Actual: 1.1% Expected: 0.5% Previous: 0.4% China Unemployment Rate Actual: 5.2% Expected: 5.3% Previous: 5.3% Mixed for Basemetal.

Rupee Update The Indian rupee hovered around 94.84 per dollar near six-week highs, boosted by RBI dollar sales and tighter forex curbs. Despite surging Brent crude prices above $110 and foreign capital outflows, central bank intervention has stabilized the currency. -Choice Broking

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ALUMINIUM|30OCT26

Global Market Snapshot Global markets traded mixed, with US indices posting gains as the Nasdaq 100 rose 1.16% and the S&P 500 gained 0.69%, while European indices edged lower and the VIX surged 7.32%, indicating heightened volatility. Crude oil prices declined, with WTI falling 1.56% and Brent dropping 1.78%, while natural gas slipped 1.25%. In metals, gold rose 0.25%, silver gained 0.56%, platinum advanced 1.56%, and copper increased 0.74%. Among industrial commodities, aluminum gained 0.47%, while uranium rose 0.17%. In currencies, the US dollar index remained steady at 101.66, while the euro weakened 0.08% against the dollar.

Sumeet Bagadia’s Desk : Book Part Profit @ 324.40...Sell in Commodity ALUMINIUM|30OCT26 @ 325.10 SL 325.90 TGT 323.50

Sumeet Bagadia’s Desk:Sell ALUMINIUM|30OCT26 in Commodity @ 325.10 SL 325.90 TGT 323.50

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in GOLDM|05NOV26

Sumeet Bagadia’s Desk : Book Part Profit @ 146160.00...Sell in Commodity GOLDM|05NOV26 @ 146539.00 SL 147032.00 TGT 145553.00

Sumeet Bagadia’s Desk : Target Achieved @ 213415.00...Sell in Commodity SILVERMIC|30NOV26 @ 215616.00 SL 216705.00 TGT 213438.00

Sumeet Bagadia’s Desk:Sell GOLDM|05NOV26 in Commodity @ 146539.00 SL 147032.00 TGT 145553.00