Commodities are physical goods that are bought for their utility value. They are broadly divided into three categories:
Agricultural products: Corn, wheat, soybeans, sugar, and coffee
Metals: Gold, silver, platinum, and palladium
Energies: Crude oil and natural gas
Commodity prices are determined by the spot market, where they are traded for immediate delivery. However, you can speculate on commodities online by Trading derivatives, which are contracts that don’t involve ownership of the underlying asset.
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