Commodity Opening Bell 

Bullion - Opens on mixed Note Gold -29120-29130 Silver -39200-39230 

Energy - Opens on positive Note Crude Oil -3126-3127 Natural Gas -19250-192.90 

Base Metals - Opens on mixed Note Copper -411-412 Nickel -679-680 Lead -149-149.30 Zinc - 185.75-185.90 Aluminium -129.35-129.60

COMMODITY MARKET NEWS

The Gold prices climbed to two-month highs on Friday, rising for the fourth straight day as investors sought refuge amid escalating tensions between North Korea and the United States, while bullion also received support from weak U.S. inflation data.

We expect gold prices to trade positive on the back of safe haven buying. 

We expect gold prices to trade positive on the back of safe haven buying. 

We expect silver prices to trade sideways on the back of profit booking after sharp up move. 

CRUDE Oil prices rose slightly on Friday in volatile trading as the market weighed lower U.S. crude stocks, Nigerian instability and strong global demand growth against a persistently slow re balancing. 

We expect crude oil prices to trade sideways on the back of short covering after drop in prices. 

We expect Natural gas prices to trade sideways on the back of profit booking after sharp up-move in prices. 

Nickel and other base metals slumped on Friday as investors shunned risky assets amid tensions on the Korean peninsula and secured profits after a recent rally. U.S. President Donald Trump issued a new threat to North Korea, saying American weapons were "locked and loaded" as Pyongyang accused him of driving the Korean Peninsula to the brink of nuclear war. LME metals were also pressured after Chinese steel and iron ore futures slid as the Shanghai Futures Exchange urged investors to trade "rationally" and keep the market stable following a speculative rally.