Commodities are raw materials or primary goods that are traded in bulk. They are standardized and interchangeable with other goods of the same type.
Examples: Gold, Crude Oil, Wheat, Natural Gas
Hard commodities are natural resources that are mined or extracted from the earth.
| Commodity | Symbol | Details |
|---|---|---|
|
Gold
|
XAU/USD | Safe-haven asset, used in jewelry and banking |
|
Silver
|
XAG/USD | Industrial and precious metal |
|
Crude Oil
|
USOIL/UKOIL | Global energy driver |
|
Natural Gas
|
NATGAS | Used for heating, electricity |
|
Copper
|
HG | Economic activity indicator |
Soft commodities are agricultural products or livestock that are grown or raised.
| Commodity | Symbol | Used for |
|---|---|---|
|
Wheat
|
W | Bread, food production |
|
Corn
|
C | Food, biofuel |
|
Soybeans
|
S | Oil, animal feed |
|
Sugar
|
SB | Food, ethanol |
|
Coffee
|
KC | Beverage industry |
|
Cotton
|
CT | Textile industry |
Contract to buy/sell at a future date (most common)
| Market | Active Hours (GMT+5) |
|---|---|
| Crude Oil | 03:00 - 02:00 |
| Gold | 03:00 - 02:00 |
| Grains (Wheat, Corn) | 03:00 - 23:00 |
| Natural Gas | 03:00 - 02:00 |
| Commodity | Why It's Popular |
|---|---|
| Gold | Safe-haven, reacts to economic news |
| Crude Oil | High volatility, driven by OPEC and global news |
| Silver | Combines features of gold and industrial metal |
| Natural Gas | Seasonal demand, weather-sensitive |
| Corn/Wheat | Tradeable via futures, affected by global food dynamics |
