Articles

There exists a doctor in the world of commodities who, in most of the cases, has the ability to forecast the global economic health. The commodity in question here is Copper, which is also known by the moniker ‘Dr. Copper’.

It is extremely unlikely to come across someone who is not aware of the inherent value of gold, not only as a piece of jewellery or due to its auspiciousness, but as a strong asset which can possibly yield solid returns, especially in times of economic uncertainty. 

Imagine buying gold and not having to hold on to it physically. Would it not reduce a lot of transportation, storage, and stress for you to resell it to a third party? Let’s not forget the carry costs you will be saving.This is exactly what a commodity index does.

When you see the word ‘precious metal,’ what comes to your mind? Gold and silver? Platinum maybe? But what if I told you, that these are just the ones that we know of. In fact, there are several metals that we actively use daily and know not of their actual value! Confused? Let’s talk.

Crude oil, which is also known as black gold, is one of the most valuable commodities in the world as it is a primary source of energy for many crucial industries that keeps the world running.

Any business involved in the export and import of goods and services is exposed to foreign exchange risk as the payment and receipts are quoted in foreign currency and there is a need to convert them into local currency. For an exporter, depreciation in the local currency against foreign currency is beneficial while for an importer appreciation in local currency against foreign currency is beneficial.