Is gold a commodity or future?

Discuss about Commodities and Futures here
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Festus
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Is gold a commodity or future?

Post by Festus »

Gold is a commodity and it's also a futures asset. As a commodity, gold is a precious metal that is tangible and tradable. As a futures, gold can be bought and sold at an agreed price for a future date, either to serve as a hedge against an opening risk or because of price changes.
Peaktrader
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Re: Is gold a commodity or future?

Post by Peaktrader »

Festus wrote: Thu Aug 14, 2025 8:06 pm Gold is a commodity and it's also a futures asset. As a commodity, gold is a precious metal that is tangible and tradable. As a futures, gold can be bought and sold at an agreed price for a future date, either to serve as a hedge against an opening risk or because of price changes.
Yes, you're absolutely right! Gold futures are primarily used to hedge against inflation by investors.
Tunde
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Re: Is gold a commodity or future?

Post by Tunde »

Peaktrader wrote: Wed Aug 20, 2025 2:14 pm
Festus wrote: Thu Aug 14, 2025 8:06 pm Gold is a commodity and it's also a futures asset. As a commodity, gold is a precious metal that is tangible and tradable. As a futures, gold can be bought and sold at an agreed price for a future date, either to serve as a hedge against an opening risk or because of price changes.
Yes, you're absolutely right! Gold futures are primarily used to hedge against inflation by investors.
Gold is a commodity, which has value as a future. It has helped many traders earn more profit.
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