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Gold trading range for the day is 27860-28326.Gold edged higher shrugging off data showing rising U.S. job numbers, with an expected rise in interest rates had already been priced in.Several Federal Reserve policymakers have since expressed confidence in the U.S. economy and signalled a possible near-term interest rate hike.Gold premiums in China held near three-year highs amid limited supply of the precious metal with traders saying Beijing was restricting imports.

Silver trading range for the day is 40150-42064.Silver prices gained paring its loss as the U.S. dollar and Treasury yields eased back in the wake of the monthly jobs report.U.S. employers boosted hiring in November and the unemployment rate dropped to a more than nine-year low of 4.6 percent.Nonfarm payrolls increased by 178,000 jobs last month, the Labor Department said.

Crudeoil trading range for the day is 3405-3559.Crude oil prices fell on profit booking after the biggest weekly rally since 2009 following OPECs decision to cut crude output.Russia and other non-OPEC producer are set to meet with OPEC on Dec. 9. Russia said that its output in November rose slightly to 11.21 million barrels per day, a post-Soviet high.

Copper trading range for the day is 391.2-401.Copper eased as traders unwound speculative positions on doubts that the post U.S. election rally has much further to run.Adding to the downturn in sentiment was news that the Chinese government will implement a new commission to oversee new infrastructure projects.However downside were limited as data showed that the US and China are growing at a multi-year high pace in manufacturing and jobs creation.

Zinc trading range for the day is 176.7-186.9.Zinc settled down as investors prepared for possible shocks in Europe ahead of an Italian referendum and Austrian election.Orders to withdraw the metal from warehouses tracked by the London Metal Exchange rose to the highest since February.Inventories in Shanghai fell further, while those in Guangdong were largely stable and Zinc stocks in Tianjin increased slightly.

Nickel trading range for the day is 745-804.6.Nickel gained getting support from news that the Philippine government will suspend more mines in a fight against environmental degradation.The country has already halted 10 of its 41 mines in a campaign backed by President Rodrigo Duterte. Nickel ore inventories at seven major Chinese ports kept falling in the week ending Dec. 2.

Menthaoil trading range for the day is 954.5-1001.3.Mentha oil spot at Sambhal closed at 1059.70 per 1kg. Spot prices is down by Rs.-3.30-.Mentha oil dropped on profit booking driven by easing demand at the spot market.Trade sources estimate that total area under Mentha planting has dropped by 20% to 1.75 lakh ha this season.At Barabanki market arrivals were reported at 50 Drums(1-drum-180kg), up by 20 Drums(1-drum-180kg) from previous trading day.

Soyabean trading range for the day is 3133-3209.Soyabean prices ended with losses on expectation of higher supply in global market.However, sharp fall in the bean prices was cushioned by strong demand for Indian soymeal in export market.According to market source India has received export orders of around 250,000-300,000 tons of soymeal.At the Indore spot market in top producer MP, soybean gained 19 rupee to 3131 rupee per 100 kgs.

Turmeric trading range for the day is 6824-7004.Turmeric prices dropped as there are reports of good production from new season crops as the harvesting begins in the next month. On the export front, country exported about 51,147 tonnes of turmeric during April-August period up by 32% compared last year.Technically market is under fresh selling as market has witnessed gain in open interest by 0.84% to settle at 7195.In Nizamabad, a major spot market in AP, the price ended at 7640 rupees gained 10 rupees.

Aluminium trading range for the day is 115.7-118.1.Aluminium dropped despite of news Alcoa shut a potline at its Australian Portland smelter due to a power shortage.Throughout the year, the PBoC has injected billions of yuan into the economy to stabilize growth and ensure the country expands at a clip of 6.5-7%.The U.S labor market showed that the economy created more jobs than expected in November while the jobless rate unexpectedly fell.