Commodities
Commodities can broadly be classified into two main types, ‘Hard Commodities’ and ‘Soft Commodities’ determining the prices of other financial markets.
![](https://kitcomarkets.com/wp-content/uploads/2020/11/icon-109a0.png)
Commodities can broadly be classified into two main types:
Hard Commodities
Hard commodities refer to commodities that require extraction or mining. Examples of these commodities include iron ore, crude oil, and precious metals.
Soft Commodities
Sub-categories
![](https://kitcomarkets.com/wp-content/uploads/2020/11/forexImg.png)