The most valuable commodity and storehouse of valuable assets is gold. With over 13,000 assets and market size of $12.598 T, gold is considered one of the largest commodities to trade in 2022.
Moreover, currently, it stands at a price rate of 1979.98 USD per Troy Ounce with 0.56% decrease at the time of writing. In the last 24 hours, its price had a downfall of 0.25% and an increase of 2.22% over the last 7 days.
On the price chart of daily commodities, silver is at 25.52 USD per Troy Ounce. Among the commodities listed above, silver has decreased to 0.85% at the time of writing. In the last 24 hours, its price suffered a downfall of 0.27% but had an increase of 2.34% over the last 24 hours.
Undoubtedly, trading is a highly profitable option for those who are into passive income. Yet, one thing that demands is your passion and consistency.
The same goes for investing in the commodity market. If you’re well aware of your needs and choice of commodity, then you’ll soon get better results and long-term revenue.