Choice Commodity Research

Copper Update Copper futures fell after Donald Trump proposed a Hormuz blockade post failed US-Iran talks, as rising LME inventories and elevated energy prices signaled weaker demand and global growth concerns. -Choice Broking

Sumeet Bagadia’s Desk:Buy ALUMINIUM|30APR26 in Commodity @ 363.2 SL 362.2 TGT 365.20

Sumeet Bagadia’s Desk:Buy GOLDM|28APR26 PE 150000.00 in Commodity @ 3524.5 SL 3350 TGT 3873.50

Crude Oil Update Crude futures rose after Donald Trump announced a Hormuz blockade post failed US-Iran talks in Pakistan, boosting oil prices, inflation concerns, while Saudi Arabia restored pipeline capacity and output. -Choice Broking

Sumeet Bagadia’s Desk:Buy NATURALGAS|23APR26 PE 250.00 in Commodity @ 9.85 SL 7.8 TGT 13.95

Bullion Update Bullion prices fell as dollar index strengthened after Donald Trump announced Strait of Hormuz blockade following failed US-Iran talks, raising energy prices, inflation risks, and delaying Federal Reserve rate cuts. -Choice Broking

Trump had said any country providing military equipment to Iran would face tariffs of up to 50% on all exports to the United States. -Choice Broking

*MCX Crude Oil prices opened with UC with +6% at 9702*

Sumeet Bagadia’s Desk : Stopped Out @ 2093.5...Buy in Commodity GOLDM|28APR26 CE 155000.00 @ 2324 SL 2098 TGT 2776.00

Sumeet Bagadia’s Desk : Exit @ 251...Buy in Commodity NATURALGAS|27APR26 @ 250.7 SL 247.7 TGT 256.70

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

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

Sumeet Bagadia’s Desk:Buy GOLDM|28APR26 CE 155000.00 in Commodity @ 2324 SL 2098 TGT 2776.00

Sumeet Bagadia’s Desk : Exit @ 244334...Buy in Commodity SILVERMIC|30APR26 @ 243713 SL 240980 TGT 249179.00

Sumeet Bagadia’s Desk:Buy NATURALGAS|27APR26 in Commodity @ 250.7 SL 247.7 TGT 256.70

*US Core CPI m/m* Actual : 0.2% Forecast : 0.3% Prev.: 0.2% Impact : Positive for Bullion *US CPI m/m* Actual : 0.9% Forecast : 1.0% Prev.: 0.3% Impact : Positive for Bullion *US CPI y/y* Actual : 3.3% Forecast : 3.4% Prev.: 2.4% Impact : Positive for Bullion