Beginner Quiz – Commodities 35 Created on December 04, 2020 By Eddie Vorman Beginner Quiz – Commodities The commodities market is one of the oldest in the world. Still, there are so many things that people don’t know about them. If you want to become part of this market and attain a sizable profit, basics are a good place to start learning. Let’s see if you can answer several easy questions: 1 / 10 Factors that can influence commodity prices include: Politics and market conditions The seasons and weather Technology All of the above 2 / 10 What are some general types of commodities? Cow, sheep, and goats Diamonds, Gold, and Emerald rings Grain, energy, livestock Consumer products, such as puzzles, books, and music 3 / 10 In commodity trading, live cattle are classified as: Agriculture Energy Livestock None of the above 4 / 10 In commodity trading, Copper is classified as: Energy Agriculture Precious metals Industrial metals 5 / 10 Which commodity was traded first in India? Wheat Cotton Oilseed Jute 6 / 10 What is a trader who simultaneously quotes both bid and offer prices for the same commodity throughout the trading session, called? Market maker Speculator Arbitrager Hedger 7 / 10 Can you explain Price Discovery? The determination of the price of a commodity by the sellers of the market The determination of the price of a commodity by the buyers of market The determination of the price of a commodity by either buyers or sellers of a market None of the above 8 / 10 Where NYMEX is located? Chicago New York London Singapore 9 / 10 What is the leading Copper producing nation in the world? China The United States Peru Chile 10 / 10 What affects Gold prices in India? Interest rate movements Currency fluctuations Inflation All of the above Your score isThe average score is 52% LinkedIn Facebook Twitter VKontakte 0% Restart quiz Support Platform Spread Trading Instrument Comments Rating 0 (0 reviews)
