TODAY COMMODITY MARKET LEVELS AND NEWS OUTLOOK 13 DEC 2017.

Bullion - Opens on positive Note Gold -28170-28200 Silver -36800-36825

Energy - Opens on positive Note Crude Oil -3700-3710 Natural Gas -175.20-175.40

Base Metals - Opens on negative Note Copper -433.20-433.50 Nickel -718-719 Lead -162-162.30 Zinc - 202.60-202.75 Aluminium -129.50-129.60

COMMODITY MARKET NEWS

Precious metals are trading flat on COMEX today. We expect prices to trade range bound for the day, after hitting their lowest in nearly five months in the previous session, with investors in 'wait-and-see' mode ahead of the outcome of a two-day meeting of the U.S. Federal Reserve.

Industrial metals are trading mix on International bourses today. We expect prices to trade range bound for the day as volumes thinned throughout the complex in the lead-up to holidays and ahead of a U.S. monetary policy meeting which may spell out higher interest rates.

Crude oil is trading higher on NYMEX today. We expect prices to trade slightly higher for the day, as industry data showed a larger-than-expected draw down in U.S. crude stockpiles.

Crude oil prices fell sharply on Tuesday, as traders took profits after prices surged early to a two year high on an unplanned closure of the pipeline that carries the largest North Sea crude oil grade