Commodities

Commodities In the economic sense commodities are goods and services or marketable items. Another definition of commodity applies to goods only, that is commodities that are traded. These goods are in demand but are supplied without qualitative differentiation. That is one unit is the same as another no matter who produced it. Corn, wheat, gold, and copper are all examples of this type of commodity. The price of a commodity is universal; gold for example may be $300 an ounce anywhere on the

Investment