ASSET TYPE
Asset Type refers to the classification of financial instruments, such as stocks, bonds, commodities, and currencies, that can be traded or invested in.
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Commodities are raw materials or primary agricultural products that can be bought and sold, such as oil, gold, wheat, and natural gas. In trading, commodities are often seen as a hedge against inflation and an opportunity for speculative profits. Prices are influenced by factors such as supply and demand, geopolitical events, weather conditions, and economic trends. Traders use commodities futures contracts to speculate on price movements, manage risk, and diversify portfolios in the face of market volatility.