Skip to main content
Category

Commodities

Commodities are basic goods or raw materials that are interchangeable with other goods of the same type, which investors and traders buy and sell. These goods are typically used as inputs in the production of other goods or services. Commodities can be categorized broadly into two types: hard commodities, which are natural resources that must be mined or extracted (such as gold, oil, and natural gas), and soft commodities, which are agricultural products or livestock (such as corn, wheat, coffee, sugar, soybeans, and pork). The prices of commodities can be highly volatile, influenced by factors such as supply and demand dynamics, geopolitical tensions, and changes in currency values. Markets for commodities are global, and they play a crucial role in the global economy, affecting both the production and pricing of goods across various industries.