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Gold trading range for the day is 27887-28389.Gold prices rose supported by earlier weakness in the dollar ahead of a news conference on Wednesday by U.S. President-elect Donald Trump.The market is looking for more clues on Trumps spending plans in the first speech since his shock election win in November.Minutes from the Feds December meeting unsettled investors expectations about the pace of future interest rate hikes.

Silver trading range for the day is 40227-41753.Silver prices rallied amid jitters ahead of President-elect Donald Trumps first news conference since his election victory on Wednesday.Richmond Federal Reserve President Jeffrey Lacker, will retire from his post in October, the Richmond Fed said in a statement.The market is looking for more clues on Trumps spending plans in the first news conference since his shock election win in November.

Crudeoil trading range for the day is 3454-3604.Crude oil dropped as market players looked ahead to weekly data from the U.S. on stockpiles of crude and refined products.API said late Tuesday that crude oil stocks rose 1.5 million barrels last week, above a forecast of a 900,000 barrels build.EIA expects U.S. crude oil production in 2018 to rise by 300,000bpd yoy, according to its monthly short term energy outlook released

Naturalgas trading range for the day is 207.5-236.1.Natural Gas rallied more than 5.50% to settled at 224.60 on short-covering as trader ignored calls for warmer weatherWeather models initially predicted mild temperatures throughout most parts of the U.S. during the period.EIA lastweek showed that natural gas stockpiles fell by 49bcf to 3,311bcf in the week ended January 5, 2017.

Copper trading range for the day is 379.8-404.4.Copper prices rallied after concerns surrounding mine supply as the threat of strikes at Chiles Escondida.Peru copper output will likely rise about 20 pct in 2017 -govtUncertainty ahead of Trumps comments, however, dampened demand for the dollar.

Zinc trading range for the day is 180.1-190.3.Zinc prices gained as support seen after news of further supply cuts in China.Chinese zinc producer Yunnan Chihong said it planned to shut down several plants and take impairments on others hit by high operating costs.Processing fees for Chinas zinc smelters reached record lows last month.

Nickel trading range for the day is 701.8-735.Nickel gained as inflation figures in top consumer China pointed to further signs of economic recovery.Chinese producer prices surged the most in more than five years in December, reinforcing views that the worlds second-largest economy is on a steadier footing.Traders are eyeing on the update from Indonesia which will issue new rules for miners this week, the mining minister said.

Aluminium trading range for the day is 116.4-120.8.Aluminium prices ended with gains underpinned by a weaker dollar.The price has been aided by the recent rally in oil prices, as energy accounts for about 40 percent of the total cost of producing aluminium.Chinas planning commission said economic growth in 2016 was expected to be around 6.7 percent, within a target of 6.5-7 percent.

Menthaoil trading range for the day is 1001.8-1059.4.Mentha oil spot at Sambhal closed at 1125.30 per 1kg. Spot prices is down by Rs.-14.90-.Mentha oil prices ended with losses driven by fall in demand at the spot market.Moreover, adequate stocks position following higher supply from the producing belts too fuelled the downtrend.At Sambhal market arrivals were reported at 60 Drums(1-drum=180kg), up by 10 Drums(1-drum=180kg) from previous trading day.

Soyabean trading range for the day is 3005-3063.Soyabean prices dropped on expectation of higher supply on back on rabi sowing.Prices also ended with losses due to higher arrivals and hand to mouth demand from processors.NCDEX accredited warehouses soyabean stocks gained by 527 tonnes to 147079 tonnes.At the Indore spot market in top producer MP, soybean dropped -19 rupee to 3021 rupee per 100 kgs.