Choice Commodity Research

*Silver Update* Silver surged nearly 6%, heading for a second weekly rise as US tariff uncertainty and geopolitical tensions boosted demand. A new 10% US global tariff and hawkish Federal Reserve stance tempered gains, while continued US-Iran nuclear talks offered cautious optimism. -Choice Broking

*Global Update* • Fed Governor Stephen Miran reiterated a dovish position, anticipating a 1% rate cut this year, citing stable prices and no current inflation issues in the US. • The US and Iran will continue nuclear negotiations next week after progress in talks held in Geneva. • Tensions remain as Iran declared that enriched uranium would not be allowed to exit the country, coupled with a significant US military presence in the Middle East causing market unease. • ECB President Christine Lagarde expressed cautious confidence, predicting inflation will return to 2% in the medium term with easing food price pressures expected by 2026. • Hawkish board member Hajime Takata advocated for further rate increases, noting that the price stability target is nearly met. -Choice Broking

US Natural Gas Storage Actual : -52B Forecast : -36B Prev.: -144B Impact: Positive for NG

Sumeet Bagadia’s Desk : Stopped Out @ 12.7...Buy in Commodity NATURALGAS|24MAR26 PE 250.00 @ 14.15 SL 12.7 TGT 17.05

Sumeet Bagadia’s Desk : Book Part Profit @ 12.7...Buy in Commodity NATURALGAS|24MAR26 PE 250.00 @ 14.15 SL 12.7 TGT 17.05

Sumeet Bagadia’s Desk : Exit @ 3321...Buy in Commodity GOLDM|26MAR26 PE 155000.00 @ 3240 SL 2900 TGT 3920.00

USDINR Surged by +0.17paisa

US Unemployment Claims Actual : 212K Forecast: 217K Prev.: 206K Impact : Positive for Bullion

Sumeet Bagadia’s Desk:Buy NATURALGAS|24MAR26 PE 250.00 in Commodity @ 14.15 SL 12.7 TGT 17.05

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in NATURALGAS|26MAR26

Sumeet Bagadia’s Desk:Buy GOLDM|26MAR26 PE 155000.00 in Commodity @ 3240 SL 2900 TGT 3920.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ALUMINIUM|31MAR26

Sumeet Bagadia’s Desk : Book Part Profit @ 254.7...Sell in Commodity NATURALGAS|26MAR26 @ 255.7 SL 257 TGT 253.10

Sumeet Bagadia’s Desk : Book Full Profit @ 14.6...Buy in Commodity NATURALGAS|24MAR26 PE 250.00 @ 11.45 SL 9.25 TGT 15.85

Sumeet Bagadia’s Desk : Book Part Profit @ 311.55...Sell in Commodity ALUMINIUM|31MAR26 @ 311.95 SL 312.5 TGT 310.85

Sumeet Bagadia’s Desk:Sell NATURALGAS|26MAR26 in Commodity @ 255.7 SL 257 TGT 253.10

Sumeet Bagadia’s Desk : Exit @ 255.4...Sell in Commodity NATURALGAS|26MAR26 @ 255.5 SL 257 TGT 252.50

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in NATURALGAS|26MAR26