Sumeet Bagadia’s Desk : Target Achieved @ 352.7...Buy in Commodity ALUMINIUM|30APR26 @ 351.4 SL 350.8 TGT 352.60

Bullion prices in the domestic markets are expected to remain moderately bullish in 2026-27 as geopolitical tensions, trade war fears and growing recession risks globally are likely to bolster safe-haven demand.

👉Read Choice Broking's detailed View:

https://timesofindia.indiatimes.com/business/india-business/gold-and-silver-outlook-where-are-prices-headed-in-fy27-heres-what-analysts-say/articleshow/130056192.cms

https://www.mid-day.com/business/business-news/article/gold-silver-outlook-remains-positive-as-geopolitical-tensions-boost-safe-haven-demand-23624354

https://www.deccanherald.com/business/markets/gold-silver-remain-moderately-bullish-for-fy27-amid-global-uncertainty-3957668

https://www.news18.com/agency-feeds/gold-silver-remain-moderately-bullish-for-fy27-amid-global-uncertainty-10016674.html

https://money.rediff.com/news/market/gold-silver-fy27-outlook-bullish-despite-risks/44814720260406

https://www.ptinews.com/story/business/gold-silver-remain-moderately-bullish-for-fy27-amid-global-uncertainty/3534547

https://www.theweek.in/wire-updates/business/2026/04/06/gold-silver-remain-moderately-bullish-for-fy27-amid-global-uncertainty.amp.html

Dollar Update

Dollar index rebounded above 100 level as Trump’s Iran deadline nears. Markets await US data and Federal Reserve signals, expecting steady interest rates ahead.

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Crude Oil Update

Crude futures rose as Trump’s Iran deadline neared, despite ceasefire hopes. Tehran warned of retaliation over US strikes, rejected a temporary truce, and demanded sanctions relief and permanent peace instead.

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Copper Update

Copper prices steady on stronger China demand signals, with falling SHFE inventories and firm Yangshan premiums. However, gains were capped as Donald Trump’s Iran deadline, elevated oil prices, and a stronger dollar pressured sentiment.

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Sumeet Bagadia’s Desk:Buy ZINC|30APR26 in Commodity @ 325.05 SL 324.4 TGT 326.35

Sumeet Bagadia’s Desk:Buy GOLDM|28APR26 CE 149000.00 in Commodity @ 4788 SL 4500 TGT 5364.00

Rupee Update

The Indian rupee is near 92.97 level per dollar, supported by RBI-led arbitrage unwinding, while Iran war risks cap gains. Any escalation may lift oil prices, keeping the rupee vulnerable to downside pressure. Adding to market volatility, the RBI rate decision due on tomorrow is in focus, with interest rates expected to remain steady at 5.25%.

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Sumeet Bagadia’s Desk : Stopped Out @ 4428...Buy in Commodity GOLDM|28APR26 CE 149000.00 @ 4788 SL 4500 TGT 5364.00

Sumeet Bagadia’s Desk:Sell SILVERMIC|30APR26 in Commodity @ 235999 SL 238250 TGT 231497.00

Global Update

The Pentagon is expanding potential Iranian energy targets, including civilian-linked facilities, as US and Israeli forces review new objectives after weeks of strikes.

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Sumeet Bagadia’s Desk:Buy GOLDM|28APR26 PE 148000.00 in Commodity @ 4902 SL 4590 TGT 5526.00

Sumeet Bagadia’s Desk : Exit @ 325.4...Buy in Commodity ZINC|30APR26 @ 325.05 SL 324.4 TGT 326.35

Global Update

Missile strikes reportedly hit Saudi Arabian petrochemical hub

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Sumeet Bagadia’s Desk : Stopped Out @ 4587.5...Buy in Commodity GOLDM|28APR26 PE 148000.00 @ 4902 SL 4590 TGT 5526.00

Natural Gas Update

Natural gas prices held steady as Donald Trump’s Iran deadline neared, raising supply fears. Low European storage and LNG disruptions supported prices, though warmer weather and stronger renewables capped gains amid weak demand.

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Sumeet Bagadia’s Desk:Buy ALUMINIUM|30APR26 in Commodity @ 356.25 SL 355.4 TGT 357.95

Sumeet Bagadia’s Desk : Exit @ 235465...Sell in Commodity SILVERMIC|30APR26 @ 235999 SL 238250 TGT 231497.00

Sumeet Bagadia’s Desk: Book part Profit @357.50...Buy ALUMINIUM 30-APR @ 356.25 SL 355.4 TGT 357.95