Source: https://mochatrade.com/learn/glossary/commodity-trading

# Commodity trading
URL: https://mochatrade.com/learn/glossary/commodity-trading
Last modified: 2026-10-17

Commodity trading is buying and selling the price of raw materials like gold, oil, gas and copper, almost always through contracts rather than the goods. The prices are made in London, New York and Shanghai, in dollars, and they behave differently [because of how each one is stored](https://mochatrade.com/learn). [An oil price taken apart, one claim at a time](https://mochatrade.com/blog/crude-oil-war-and-slippery-slopes); [what is listed on Mochatrade](https://mochatrade.com/support/what-can-i-trade-on-mochatrade).

## Related terms

- Copper: https://mochatrade.com/learn/glossary/copper
- Crude oil (WTI vs Brent): https://mochatrade.com/learn/glossary/crude-oil
- Silver futures: https://mochatrade.com/learn/glossary/silver-futures
- Troy ounce: https://mochatrade.com/learn/glossary/troy-ounce
- LME: https://mochatrade.com/learn/glossary/lme
- Pre-IPO stocks: https://mochatrade.com/learn/glossary/pre-ipo-stocks

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.