Choice Commodity Research

Crude Oil Update Crude oil prices fell as Trump noted productive Iran discussions and deferred pre-midterm attacks. However, downside was limited by prepared US strike plans, Tehran’s tanker attacks in the Strait of Hormuz, and Gulf of Mexico production shutdowns from Hurricane Isaias. -Choice Broking

Sumeet Bagadia’s Desk:Buy SILVERMIC|30NOV26 in Commodity @ 226929.00 SL 225600.00 TGT 229587.00

Sumeet Bagadia’s Desk : Book Part Profit @ 19.90...Buy in Commodity COPPER|23OCT26 CE 1420.00 @ 18.35 SL 16.99 TGT 21.07

Sumeet Bagadia’s Desk:Buy COPPER|23OCT26 CE 1420.00 in Commodity @ 18.35 SL 16.99 TGT 21.07

Sumeet Bagadia’s Desk : Book Part Profit @ 231.00...Buy in Commodity CRUDEOIL|15OCT26 PE 8700.00 @ 217.00 SL 198.00 TGT 255.00

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

Sumeet Bagadia’s Desk : Book Part Profit @ 149785.00...Buy in Commodity GOLDM|05NOV26 @ 149577.00 SL 149300.00 TGT 150131.00

Sumeet Bagadia’s Desk:Buy GOLDM|05NOV26 in Commodity @ 149577.00 SL 149300.00 TGT 150131.00

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

Gold Update Gold prices rose as structural bull market drivers persisted as record government debt, rising debt-servicing costs, and geopolitical uncertainty. Robust demand further supported prices, highlighted by strong central-bank purchases and record Chinese consumer imports reaching 1,141 tonnes through August. -Choice Broking

Sumeet Bagadia’s Desk:Buy CRUDEOIL|15OCT26 PE 8700.00 in Commodity @ 217.00 SL 198.00 TGT 255.00

Sumeet Bagadia’s Desk : Book Part Profit @ 419.20...Buy in Commodity ZINC|30OCT26 @ 418.35 SL 417.35 TGT 420.35

Sumeet Bagadia’s Desk:Buy ZINC|30OCT26 in Commodity @ 418.35 SL 417.35 TGT 420.35

Sumeet Bagadia’s Desk : Commodity Insight Buy COPPER OCT @ 1418 add on dips till 1413, with a stoploss 1394, for the Target 1460.

Sumeet Bagadia’s Desk:Buy COPPER|30OCT26 in Commodity @ 1418.00 SL 1394.00 TGT 1460.00

Dollar Update The US dollar index fell to 102 as Treasury yields dropped following a strong 30-year bond auction. Easing oil prices and high market expectations of an October Fed rate pause further pressured the dollar, despite Fed officials signaling future rate hikes. -Choice Broking

Breaking News The GST Fitment Committee has recommended withdrawing the IGST exemption available to banks and nominated agencies on imports of gold, silver and platinum, a move that would bring such imports under a 3% IGST levy. Positive for Bullion. -Choice Broking

Global Market Snapshot Global equity markets traded higher, with the S&P 500, Nasdaq 100, Dow Jones, and major European and Asian indices posting gains, while the VIX declined. In Meatals, Gold, silver, platinum, palladium, and copper rose sharply, supported by broad strength across precious and industrial metals, whereas aluminium fell nearly 2%. In Energy, Crude oil prices declined, with WTI down 0.50% and Brent losing 0.61%, while natural gas slipped 0.95%. The US dollar index remained elevated near 101.83.