Commodities are generally standardized goods and services that are traded. Commodities include products derived from natural resources and are often traded on exchanges. Commodities are generally physical assets that represent a good or product.
Commodities generally fall into two main categories:
Consumer Commodities:
This category includes products consumed in daily life. Examples may include energy products (oil, natural gas), foodstuffs (wheat, corn, coffee), metals (gold, silver, copper).
Financial Commodities:
This category includes commodities that are generally bought and sold for investment purposes. For example, precious metals such as gold and silver are popular among investors for portfolio diversification purposes.
Are often traded through derivative products such as futures contracts and options . These contracts are financial instruments that promise to buy or sell a certain amount of a commodity at a certain price on a certain date in the future.
The commodity market plays an important role in the global economy and offers both producers and consumers the opportunity to hedge price risks . Additionally, investors who trade commodities aim to make profits by being affected by changes in market conditions.
THE WORLD’S MOST VALUABLE COMMODITIES ARE HERE
Gold:
Gold is among the precious metals and is both a precious metal used in the jewelry industry and an investment tool that is considered a safe haven.
Petroleum:
Petroleum is a basic resource in the energy sector and is used as an important raw material in the production of various energy products such as gasoline, diesel and jet fuel, as well as plastic and chemical products.
Wheat:
Wheat is a basic grain in the food industry, the main ingredient of many food products such as bread, pasta, flour and is an important agricultural product worldwide.
Platinum:
Platinum is among the precious metals and is a precious metal used in the construction of catalytic converters in the automotive industry, jewelry production and the electronics industry. and much more…
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