Commodity - Commodities

What are Commodities?
Commodities are items of similar value that are often traded, such as precious metals, crops and grains, and other items that are usually universally of a similar quality.

Items which have brand value are not commodities, such as cars, electronics, clothing or other similar manufactured goods. This content is part of the extensive resources on investing featured in EconomyWatch.com.

Commodities can be graded. For example, gold has grades such as 24, 22, 18, 14, 12 and other karats.