Commodity futures are agreements to purchase or sell a certain quantity of a commodity at a predetermined price on a future date. This trading allows traders to hedge against price changes for profit. Luckily, the rise of technology has made it easier for beginners to take part in trading commodities via the use of trading apps on their mobile phones. This article will outline basic concepts about commodity futures that are essential for new entrants into this field. What are Commodity Futures? Commodity futures are contracts that require the buyer…
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