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What is a Commodity? An Economic and Market Perspective A commodity is more than just a raw material—it is a cornerstone of global trade, economics, and financial markets Defined by its fungibility, standardisation, and universal demand, a commodity can be anything from oil and gold to wheat and coffee
Commodity Definition | Investing Dictionary | U. S. News A commodity is a raw material that is typically used as input for producing other goods or services Commodities are typically produced uniformly, meaning a specific amount of a commodity produced