Choice Commodity Research

*Global Geopolitical Update* China has declined a request from President Donald Trump to assist in reopening the Strait of Hormuz as the conflict in Iran intensifies. -Choice Broking

Bullion Update Bullion prices have decreased, with gold trading below $5,000 and silver near $79 on COMEX. Markets are awaiting the Fed's decision, expecting no change in rates cut while monitoring inflation risks from Iranian tensions, oil volatility, and limited expectations for rate cuts amidst ongoing geopolitical uncertainty. -Choice Broking

Sumeet Bagadia’s Desk : Exit @ 8700...Sell in Commodity CRUDEOILM|19MAR26 @ 8775 SL 9110 TGT 8105.00

Global Market Update President Trump says the US would withdraw from its military operation in Iran in the “very near future”, even as he made it clear that an immediate exit was not on the cards. -Choice Broking

Global Market Update * The Federal Open Market Committee is expected to maintain its federal funds rate target at 3.5 to 3.75 percent during the meeting on March 17–18. * Iran escalated attacks on regional energy infrastructure, with the United States allies declining President Trump's request for support in securing shipping through the Strait of Hormuz. * Iranian national security chief Ali Larijani was confirmed dead, reportedly due to an Israeli airstrike. * Tehran continued to target energy-related infrastructure in the Persian Gulf, particularly Saudi Arabia's eastern province. * Iran permitted safe passage for some vessels, depending on their affiliations amid ongoing tensions. * The US has deployed 5,000-pound bombs aimed at Iranian targets near the Strait of Hormuz. * The dollar index is around 99.5 after experiencing two consecutive session declines. * Chinese market sentiment suffered from a fifth declining session as traders remained cautious ahead of a lending rate fix amidst record low rates to bolster economic growth. * The ongoing conflict complicates the anticipated Trump–Xi Jinping summit, with the US urging China to assist in reopening the Strait of Hormuz. * Key data releases in China are expected, including jobless rates, inflation figures, and the current account for Q4. * Investors anticipated a meeting between Japanese Prime Minister Sanae Takaichi and US President Trump this week. -Choice Broking

Sumeet Bagadia’s Desk : Exit @ 2503...Buy in Commodity GOLDM|26MAR26 PE 156000.00 @ 2465 SL 2180 TGT 3035.00

US Pending Home Sales m/m Actual : 1.8% Forecast : -0.6% Prev.: -0.8% Impact : Negative for Bullion

Sumeet Bagadia’s Desk:Buy GOLDM|26MAR26 PE 156000.00 in Commodity @ 2465 SL 2180 TGT 3035.00

Sumeet Bagadia’s Desk:Sell CRUDEOILM|19MAR26 in Commodity @ 8775 SL 9110 TGT 8105.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in SILVERMIC|30APR26

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in NATURALGAS|24MAR26 CE 290.00

Sumeet Bagadia’s Desk : Book Part Profit @ 11.1...Buy in Commodity NATURALGAS|24MAR26 CE 290.00 @ 10 SL 8.5 TGT 13.00

Sumeet Bagadia’s Desk : Stopped Out @ 320...Sell in Commodity ZINC|31MAR26 @ 319.15 SL 320 TGT 317.45

ADP Weekly Employment Change Actual : 9.0K Prev.: 15.5K Impact : Positive for Bullion

Sumeet Bagadia’s Desk:Sell ZINC|31MAR26 in Commodity @ 319.15 SL 320 TGT 317.45

Sumeet Bagadia’s Desk : Stopped Out @ 1177.35...Sell in Commodity COPPER|31MAR26 @ 1175.2 SL 1177.2 TGT 1171.20

Sumeet Bagadia's Desk: Commodity Insight Update: Exit in GUARSEED - Mar

Sumeet Bagadia’s Desk:Buy NATURALGAS|24MAR26 CE 290.00 in Commodity @ 10 SL 8.5 TGT 13.00