Commodity means anything that can be traded or traded. Commodity markets have had a high economic impact on people from the past to modern times. This market has existed on the Silk and Spice Routes for more than a thousand years. Commodities are heavily used, as they are suppliers of raw materials required in production.
Prices vary depending on the political, economic or seasonal supply-demand balance. This allows investors to make significant profits in a short time. Energy, metals, livestock and agriculture make up the four categories that are traded in commodities and transactions are easy in the forex market.