BROKEN INTO THE INTERNATIONAL MARKET, CRUDE ,GOLD STEADY | TODAY COMMODITY MARKET UPDATE 29 DEC 2016.

COMMODITY MARKET OUTLOOK

SPDR Gold Trust GLD, the world's largest gold-backed exchange traded fund, said its holdings stood at 823.36 tonnes, remain unchanged from previous business day.

Holdings of the largest silver backed exchange-traded-fund (ETF), New York's iShares Silver Trust SLV, stood at 10617.12 tonnes, remain unchanged from previous business day.

Industrial metals prices rose on Wednesday as recent losses, falling stocks and expectations of stronger demand in top consumer China persuaded buyers to return to the market.

Crude oil prices edged up for a fourth consecutive session on Wednesday, close to their highest levels since mid-2015, ahead of U.S. oil inventory figures and as the market awaits evidence of OPEC supply reductions in the New Year.

Commodity Market update:-

GOLD

PP-27283

R1- 27348                                   S1-27239

R2- 27391                                   S2-27185

SILVER

PP-40175

R1- 40573                                    S1-39959

R2- 40799                                    S2-39632

CRUDE OIL

PP-3694

R1- 3719                                       S1-3683

R2- 3732                                       S2-3663

NATURAL GAS

PP-258.9

R1- 264.6                                        S1-256.7

R2- 267.8                                        S2-252.2

COPPER

PP-378.7

R1- 380.9                                         S1-375.8

R2- 383.3                                         S2-373.9