Commodity Opening Bell 

Bullion - Opens on positive Note Gold -29540-29550 Silver -39500-39530 

Energy - Opens on mixed Note Crude Oil -3280-3285 Natural Gas -191-191.20 

Base Metals - Opens on mixed Note Copper -429-429.50 Nickel -705-705.50 Lead -170.20-170.50 Zinc - 215.50-215.70 Aluminium -139.55-139.60

COMMODITY MARKET NEWS

Gold on Tuesday rose above a seven-week low as the U.S. dollar came off its highs. Bullion was pressured earlier by strong U.S. economic data that reinforced expectations of another U.S. interest rate increase this year and pushed the dollar and U.S. bond yields higher.

Silver was up 0.4 percent at $16.60 an ounce but still near its lowest since Aug. 9.

Oil prices dipped on Tuesday as speculators took profits for a second day after big third-quarter gains and on concerns that higher prices might spur increased U.S. shale production. 

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

Zinc hit 10-year highs for a second day on Tuesday, reversing earlier losses, as worries over production outages in China pushed up prices, while London Metal Exchange inventories posted another decline. Prices of the metal used in galvanising steel rose for a fourth straight session as speculators bet environmental inspections would hit output in China. About 60 percent of lead-zinc mines were undergoing month-long shutdowns during environment inspections in Sichuan province.