Unlike fiat money, commodity money has intrinsic value – examples include gold, silver or other goods like salt and cattle historically used in trade. The value of commodity money remains ...

Definition and overview of commodities Commodities are publicly traded tangible assets. Some great examples of commodities are oil and copper, which are used in the production of many different ...

rather than being backed by a physical commodity like gold or silver. Most modern economies rely on fiat money, with examples including the U.S. dollar, the euro and the Japanese yen. Its value ...

Besides direct producers and buyers of commodities, there are many market participants who do not aim for physical delivery, for example, 5000 bushels (approximately 136 tons) of wheat, the standard ...