Bullion - Opens on negative Note Gold -29980-30000 Silver -41110-41150 

Energy - Opens on negative Note Crude Oil -3190-3200 Natural Gas -196.50-196.20 

Base Metals - Opens on mixed Note Copper -420.50-421 Nickel -712-715 Lead -147.50-148 Zinc - 192.90-193.30 Aluminium -132.50-133

COMMODITY MARKET NEWS UPDATE

Precious metals rebounded from a two-week low on Thursday as North Korea threatened the United States and Japan, and the dollar softened despite strong U.S. consumer inflation data, which could allow further interest rate increases from the Federal Reserve. 

Precious metals are trading higher on COMEX today. We expect prices to trade higher for the day as North Korea's latest missile launch over Japan triggered safe-haven buying, but gains were limited as strong U.S. inflation data raised the spectre of another interest rate hike.

Industrial metals prices fell to a four-week low on Thursday after some weaker than expected data from China pointed to slowing demand from the metal's top consumer.

Crude oil prices rose on Thursday, with Brent closing at a five-month high, as the dollar weakened and after a string of reports forecast the market would tighten further as fuel demand increased.