What is Commodity?
Commodities refer to raw materials that are traded on global exchanges, such as gold, oil, wheat, and coffee. The prices of commodities are determined by supply and demand, and they are used as inputs in producing goods and services.
Commodity trading involves buying and selling physical commodities to profit from price movements. Traders utilize brokers, platforms, and leverage. It is a complex and volatile market that requires an understanding of various factors such as supply, demand, weather conditions, and geopolitics.
Diversification of investment portfolio.
Potential for profit in both rising and falling markets.
Hedging against inflation or other economic risks.
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