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Commodity- it involves buying and selling of the goods that comes in commodity category, like- gold, silver, crudeoil etc. in india it is done in MCX, NCDEX & ICEX.
A commodity market is a market that trades in primary economic sector rather than manufactured products. Soft commoditiesare agricultural products such as wheat, coffee, cocoa and sugar. Hard commoditiesare mined, such as gold and oil
Commodities are split into two types: hard and soft commodities. Hard commodities are typically natural resources that must be mined or extracted (gold, rubber, oil, etc.), whereas soft commodities are agricultural products or livestock (corn, wheat, coffee, sugar, soybeans, pork, etc.)
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