commodities market

The commodities market is where raw materials like oil, gold, wheat, and coffee are bought and sold. It allows producers and consumers to hedge risks and set prices through standardized contracts called futures. Prices fluctuate based on supply, demand, weather, geopolitical events, and economic trends. Participants include farmers, miners, manufacturers, and investors. This market helps ensure the availability of essential resources and provides a platform for price discovery, supporting global trade and economic stability.