TODAY COMMODITY MARKET LEVELS & NEWS OUTLOOK 31 OCT 2017.

Bullion - Opens on negative Note Gold -29325-29330 Silver -39230.-39290

Energy - Opens on mixed Note Crude Oil -3506-3510 Natural Gas -194.50-194.70

Base Metals - Opens on mixed Note Copper -444.50-445 Nickel -750.80-751.50 Lead -156.20-156.30 Zinc - 212.75-212.95 Aluminium -138.80-138.85

COMMODITY MARKET NEWS

Precious metals are trading flat on COMEX today. We expect prices to trade range bound for the day as the dollar eased after reports that two former aides of U.S. President Donald Trump were charged by federal authorities probing Russian interference in the 2016 election.

Industrial metals are trading MIX on International bourses today. We expect prices to trade range bound for the day, on the back of a stronger U.S. dollar.

Crude oil is trading lower on NYMEX today. We expect prices to trade range bound for the day, supported by a tightening market due to ongoing OPECled efforts to cut supplies, although the prospect of rising U.S. shale output dragged.

Brent crude oil prices closed on Monday at its highest level since July 2015 and U.S. crude closed at a peak not seen since February on expectations OPEC-led production cuts would be extended beyond March, although such gains are likely to spur more U.S. production