Global Commodity Market Heatmap
Global markets were mixed, with major equity indices mostly trading higher led by the Nikkei 225, Nasdaq 100, and Russell 2000, while the VIX volatility index eased slightly.
Energy commodities remained weak as crude oil, gasoline, heating oil, and natural gas declined. In metals, copper and silver gained, while gold and palladium slipped marginally.
Bond prices edged higher across US maturities, indicating softer yields, while the US dollar index remained slightly weaker.
Global markets were mixed, with major equity indices mostly trading higher led by the Nikkei 225, Nasdaq 100, and Russell 2000, while the VIX volatility index eased slightly.
Energy commodities remained weak as crude oil, gasoline, heating oil, and natural gas declined. In metals, copper and silver gained, while gold and palladium slipped marginally.
Bond prices edged higher across US maturities, indicating softer yields, while the US dollar index remained slightly weaker.
Sumeet Bagadia’s Desk:Buy ALUMINIUM|30JUN26 in Commodity @ 387.7 SL 286.9 TGT 589.30
Sumeet Bagadia’s Desk:Buy ALUMINIUM|30JUN26 in Commodity @ 387.7 SL 386.9 TGT 389.30
Crude Oil Update
Crude Oil prices retreated after recent gains as renewed Iran-US tensions clouded Strait of Hormuz reopening talks, though LNG tanker movements raised expectations of resumed global energy supplies. But rising hostilities threaten those negotiations.
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Crude Oil prices retreated after recent gains as renewed Iran-US tensions clouded Strait of Hormuz reopening talks, though LNG tanker movements raised expectations of resumed global energy supplies. But rising hostilities threaten those negotiations.
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Sumeet Bagadia’s Desk:Buy CRUDEOIL|16JUN26 PE 8800.00 in Commodity @ 537 SL 516 TGT 579.00
Sumeet Bagadia’s Desk : Exit @ 388.3...Buy in Commodity ALUMINIUM|30JUN26 @ 387.7 SL 386.9 TGT 389.30
Bullion Update
Bullion prices held steady as investors monitored US-Iran peace negotiations and awaited Federal Reserve comments, while renewed Strait of Hormuz tensions continued raising uncertainty over geopolitical risks.
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Bullion prices held steady as investors monitored US-Iran peace negotiations and awaited Federal Reserve comments, while renewed Strait of Hormuz tensions continued raising uncertainty over geopolitical risks.
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Natural Gas Update
Natural gas prices declined as milder weather reduced demand expectations, while rising inventories and weaker LNG export flows due to seasonal maintenance continued pressuring prices lower.
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Natural gas prices declined as milder weather reduced demand expectations, while rising inventories and weaker LNG export flows due to seasonal maintenance continued pressuring prices lower.
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Sumeet Bagadia’s Desk:Buy COPPER|30JUN26 in Commodity @ 1362.7 SL 1361 TGT 1366.10
Geopolitical Update
US President Donald Trump has been consistent in his objectives on Iran and is taking “concrete actions” to prevent Tehran from obtaining a nuclear weapon, State Department Spokesperson said.
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US President Donald Trump has been consistent in his objectives on Iran and is taking “concrete actions” to prevent Tehran from obtaining a nuclear weapon, State Department Spokesperson said.
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Bullion Update
The Royal Mint said gold bullion sales increased 94% compared to the same quarter last year. At the same time, silver bullion sales saw a massive jump.
Impact: Supportive for bullion.
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The Royal Mint said gold bullion sales increased 94% compared to the same quarter last year. At the same time, silver bullion sales saw a massive jump.
Impact: Supportive for bullion.
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Sumeet Bagadia’s Desk : Stopped Out @ 1360.8...Buy in Commodity COPPER|30JUN26 @ 1362.7 SL 1361 TGT 1366.10
Sumeet Bagadia’s Desk:Sell SILVERMIC|30JUN26 in Commodity @ 274365 SL 276800 TGT 269495.00
Copper Update
Copper prices declined amid hopes for a US-Iran peace deal, and increasing inventories though, strong AI-driven industrial demand expectations, and persistent Middle East-related supply concerns supporting global copper markets.
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Copper prices declined amid hopes for a US-Iran peace deal, and increasing inventories though, strong AI-driven industrial demand expectations, and persistent Middle East-related supply concerns supporting global copper markets.
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Sumeet Bagadia’s Desk : Exit @ 538.4...Buy in Commodity CRUDEOIL|16JUN26 PE 8800.00 @ 537 SL 516 TGT 579.00
Sumeet Bagadia’s Desk : Book Profit @ 273178...Sell in Commodity SILVERMIC|30JUN26 @ 274365 SL 276800 TGT 269495.00
Sumeet Bagadia’s Desk:Buy GOLDM|29MAY26 PE 156000.00 in Commodity @ 727 SL 570 TGT 1041.00
Geopolitical Update
US efforts to reopen the Strait of Hormuz ended in strategic defeat, an Iranian Revolutionary Guards deputy said, warning forces are ready with loaded magazines and coastline graveyard for aggressors.
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US efforts to reopen the Strait of Hormuz ended in strategic defeat, an Iranian Revolutionary Guards deputy said, warning forces are ready with loaded magazines and coastline graveyard for aggressors.
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