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What were the primary commodities traded by the people of Ghana?
they traded salt for gold
Why is gold traded on the commodities market?
Because it is a commodity.
What are the top 5 commodities in Georgia?
gold, silver, copper, oil and bronze are the top 5 commodities. they are widely traded in commodities market.
What does globally traded commodities mean?
Pretty much what it sounds like.
What is meant by the term commodities and futures?
Commodities are services and goods. Soft commodities are goods that are grown, hard commodities are goods that are mined. A futures is a contract to buy commodities or financial instrument set in certain time in the future. These contracts are traded.
Is broccoli traded on the stock market?
No, broccoli is not traded in the stock market. There are commodities traded in the futures exchanges, such as wheat, corn, canola oil, and others, but not broccoli.
Which is traded in a commodities market?
In a commodities market, various physical goods are traded, typically categorized into two main types: hard commodities and soft commodities. Hard commodities include natural resources such as oil, gold, and metals, while soft commodities refer to agricultural products like wheat, coffee, and sugar. These commodities are bought and sold in standardized contracts, allowing for speculation, hedging, and investment. The trading occurs on exchanges, where prices fluctuate based on supply and demand dynamics.
Which accurately explains the difference between the stock market and the commodity market?
ownership in companies is traded in the stock market while ownership of raw, unprocessed goods is traded in the commodity market. APEX
What is the difference between commodities and stocks or the difference between commodities and futures?
Commodities are things - stores of value, like gold, wheat, soybeans, cocoa, cotton, oil, etc. Futures are contracts for the future delivery of something - could be a commodity, stock index, foreign currency, bond, etc.
The definition of commadites?
Commodity:Bulk products, such as metals, grains, and foods, that are traded on a commodities exchange.
What are the top ten traded commodities?
gold,corn,soyabean,oil,petroleum,precious stones
What are the five types of commodities typically traded?
energy, metal, agriculture, livestock (meat), and consumer
