Commodity Opening Bell

Bullion - Opens on negative Note Gold -30050-30100 Silver -41150-41200 

Energy - Opens on positive Note Crude Oil -3060-3062 Natural Gas -187.10-187.50 

Base Metals - Opens on positive Note Copper -432-432.50 Nickel -740-742 Lead -144.25-144.50 Zinc - 195-195.50 Aluminium -133.15-133.40

COMMODITY MARKET NEWS

Gold held near its highest in more than a year on Friday as the U.S. dollar dropped and weak economic data lowered expectations of a December interest rate rise in the United States. The U.S. dollar hit a more than 2-1/2-year low against a basket of major rivals on reduced expectations for another Federal Reserve rate increase this year, while the euro hit multi-year highs after European Central Bank President Mario Draghi suggested that the ECB might begin tapering its massive stimulus program this fall.

Silver was down 0.3 percent at $18.01 an ounce after touching $18.21, its best since April. It rose about 2 percent on the week.

U.S. crude prices tumbled down more than 3 percent on Friday worries that energy demand would be hit hard as Hurricane Irma, one of the most powerful storms in a century, headed toward Florida and the Southeast.

opper slumped on Friday on profit-taking as analysts said a 20 percent price surge since June was not justified given China's copper imports had only been stable for the past four months.