Have you ever heard a relative or colleague excitedly share how they recently made a profit from the rising gold price? How do people actually make money by trading gold and silver? Or how the Indian commodity markets really work? Let’s learn the commodity trading basics and discover how you, too, can start trading smartly!
Our commodity trading course will teach you all about commodity marketing, gold trading, natural gas, and crude oil trading. Plus, you’ll learn how to trade silver easily!
Let’s learn everything about commodity trading!
What is Commodity Trading?
Commodity trading in India is one of the most popular forms of trading. It involving the buying and selling of gold, silver, energy resources like natural gas, and agricultural products.
But what are the different types of commodities in India, and how can you learn commodity trading?
Commodity trading is conducted on commodity exchanges like MCX (Multi Commodity Exchange) and NCDEX (National Commodity & Derivatives Exchange).
- MCX primarily deals with metals and energy commodities.
- NCDEX focuses on agricultural commodities, though MCX also includes a few agri commodities.
For example, you can use commodity trading to lock in silver or gold prices in advance. This way, as when the prices increase further, you can make a profit by trading gold.
Let’s introduce you to a few more commodity trading basics.
Commodities are categorised into two main types:
- Natural resources like crude oil, gold, silver, and natural gas are often termed as hard commodities.
- Agricultural products like wheat, coffee, cotton, sugar, etc., are termed as Soft Commodities
Types of Commodities
Our commodity trading course covers a wide range of commodities and the relevant commodity trading basics for each!
- Crude Oil Trading: Crude oil is one of the most volatile commodities on MCX. Our stock market free course teaches how to trade crude oil, analyse supply-demand trends, and more.
- Gold Trading & Silver Trading: Gold trading and silver trading are highly popular in India, especially during festivals and weddings. If you’re new to trading and want to know how to trade in gold and how to trade silver, our course explains it all!
- Natural Gas Trading & Metal Trading: Natural gas trading is influenced by energy consumption trends, storage reports, and geopolitical events. Similarly, metal trading, including industrial metals like copper and aluminum, is impacted by economic growth and industrial demand. With these basics, you can learn commodity trading for free!
- Agri Commodity Trading: Agri commodity trading involves trading crops like wheat, corn, and soybeans on NCDEX.
Commodity trading for beginners- let’s take a look at a few more important things!
How to Trade Crude Oil in India?
Crude oil is one of the most actively traded commodities on MCX. To trade crude oil successfully, you need to
- Learn the basics of crude oil trading
- Understand the crude oil supply and demand trends globally and in India.
- Understand geopolitical factors affecting oil prices.
For example, if there is a hurricane in the U.S. that disrupts oil production, crude oil prices may rise. A trader in India can capitalise on this by buying crude oil futures on MCX before the price surge.
How do you learn these basics?
Our free trading course offers it all!
How to Trade in Gold and Silver in India?
Gold trading and silver trading are popular among Indians.
- How to trade in gold? Monitor global economic trends and track MCX gold contracts.
- How to trade silver? Learn the silver trading basics and keep a check on market trends to make the right buy and sell decisions.
For instance, if the rupee weakens against the dollar, gold prices in India tend to rise. A trader can use this knowledge to make strategic investments.
Agri Commodity Trading in India
Agricultural commodities, such as rice, maize, wheat, soybean, cotton, etc., are essential to India’s economy. Agri commodity trading involves analysing seasonal patterns, government policies like MSP (Minimum Support Price), and monsoon effects.
An example would be a rice mill owner who wants to ensure a steady supply of paddy. By trading rice futures on NCDEX, they can lock in prices in advance and protect against unexpected price hikes.
All Set to Learn Commodity Trading?
Learning commodity trading requires a structured approach. Our commodity trading course includes:
- Easy-to-understand real-life examples to help you learn commodity trading basics effortlessly.
- Types of agri commodities and other types of commodities that you can trade in India, including metals, energy, and agricultural products.
- Detailed video modules on agri trading, gold trading, silver trading, metal trading, and more, providing step-by-step guidance for beginners.
Our trading course online free will equip you with the right commodity trading knowledge and skills that you need to kickstart your first investment!
Sign up today and start your journey towards becoming a successful commodity trader!
Curriculum
- 2 Sections
- 5 Lessons
- 44 Minutes
- Course Content5
- 1.1What is Commodity Trading: Learn to Trade Gold, Oil, & More!9 Minutes
- 1.2Crude Oil Trading: What You Should Know Before You Start10 Minutes
- 1.3Gold and Silver Trading: Know These Basics Before You Trade10 Minutes
- 1.4Natural Gas Trading and Metal Trading: Learn the Essentials9 Minutes
- 1.5Agri Commodity Trading in India: A Must-Know Guide for Traders!6 Minutes
- Quizz1