Commodity Price

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Commodity price index - A Commodity Price Index is a fixed-weight index of the spot or transaction prices of multiple commodities.

Spot price - The spot price of a commodity, a security or a currency is the price that is quoted for immediate (spot) settlement (payment and delivery). Spot settlement is normally one or two business days from trade date.

Price signal - A price signal is message sent to customers in the form of a price charged for a commodity; this usually indicates a message intended to produce a particular result.

Cost the limit of price - Cost the limit of price was a maxim coined by Josiah Warren that holds that it is unethical to charge a higher price for a commodity than the cost of purchasing, producing or acquiring, and bringing it to market.


Suggested Web Sites

TraderSavvy - Trading newsletter covering futures, commodities, gold prices, gas prices, and forex.

Gold Price - Provides fast loading charts of the current gold price per ounce, gram and kilogram in 23 major currencies. Latest gold news, commentary, and historical prices.

Commodity Information Systems, Inc. - Emphasizing the art of commodity trading through a program of economic research. Established in 1968, CIS publishes Price Perceptions, Grain Insight, and Tech Trends.

Source: BazSites.com

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