Commodities
Commodities are basic goods used in commerce that are interchangeable with other goods of the same type. They can be natural resources like oil and gold, agricultural products like wheat and coffee, or metals like copper. Commodities are often traded on exchanges and their prices fluctuate based on supply and demand dynamics. They serve as essential inputs for various industries and are key components of the global economy. Investors may buy and sell commodities to hedge against risks or to speculate on price changes, making them an important topic in finance and economics.
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Commodities are basic goods used in commerce that are interchangeable with other goods of the same type. They can be raw materials like oil, gold, or grain, or agricultural products like coffee and wheat. Commodities are essential for the economy, as they serve as building blocks for more complex goods and services. Prices are influenced by supply and demand dynamics in global markets. Investors often trade commodities to hedge against inflation or diversify their portfolios. They can be bought and sold in physical form or through financial instruments like futures contracts.