The commodities market is part of the key foundations within the global trading system. It is important to understand and know how to trade commodities as it will also harness your knowledge that will be useful in both stock and forex trading.

 

Commodities i.e. gold, palm oil, corn, copper, oil and wheat are raw materials or basic goods that constitute the building blocks for complex goods and services. These are interchangeable with similar goods and command almost uniform prices worldwide to create transparency for commodity producers and financial traders to do business.

Anyone can make money through trading of commodities when you understand how it works.