Commodities
Top Commodities to Follow
This section provides an overview of the most traded and essential commodities:
- Gold (XAU)
- Price (Feb 2025): $2,000 per ounce
- Annual Growth: 8.4%
- Why Follow: Gold continues to be a safe-haven asset, especially in times of market uncertainty and inflation.
- Crude Oil (WTI)
- Price (Feb 2025): $90 per barrel
- Annual Growth: 13.5%
- Why Follow: As one of the most traded commodities globally, oil prices are influenced by geopolitical events and demand cycles.
- Silver (XAG)
- Price (Feb 2025): $25 per ounce
- Annual Growth: 5.2%
- Why Follow: Silver is both a precious metal and an industrial component, with demand driven by technology, solar energy, and jewelry.
- Copper (COPPER)
- Price (Feb 2025): $4.50 per pound
- Annual Growth: 12.3%
- Why Follow: Copper is essential in electronics and renewable energy systems, making it a key commodity for global infrastructure.
- Wheat (WHEAT)
- Price (Feb 2025): $7.50 per bushel
- Annual Growth: 9.7%
- Why Follow: As a major agricultural commodity, wheat prices are affected by global demand, weather conditions, and crop yields.
Commodity Performance Overview
This section would showcase the performance of these commodities with charts for price trends over time. Key insights include:
- Gold: Consistently increases in value during economic downturns, with steady long-term growth.
- Crude Oil: Subject to fluctuations due to geopolitical tensions, economic recovery, and technological shifts towards renewables.
- Silver: Slow but steady growth, impacted by industrial demand and inflation concerns.
- Copper: Strong performance, driven by its use in electric vehicles, renewable energy, and infrastructure.
- Wheat: Fluctuates seasonally with varying crop yields and global agricultural needs.
Market Prices & Growth Comparison
| Commodity | Price (Feb 2025) | Annual Growth | Primary Use |
|---|---|---|---|
| Gold | $2,000 per ounce | 8.4% | Safe-haven, jewelry |
| Crude Oil | $90 per barrel | 13.5% | Energy, industry |
| Silver | $25 per ounce | 5.2% | Industrial, jewelry |
| Copper | $4.50 per pound | 12.3% | Electronics, energy |
| Wheat | $7.50 per bushel | 9.7% | Agriculture, food |
Why Follow Commodities?
Commodities are an essential part of the global economy. Tracking their performance allows investors to diversify their portfolios and gain exposure to sectors like energy, precious metals, and agriculture. These assets offer a hedge against inflation and can perform well during times of market volatility.