Commodities represent the raw materials, consumer goods, such as coffee, wheat, rice. Metals like gold, silver, platinum, etc. These assets can be traded as spot or futures. Commodities offer the leverage as available on currency pairs. For commodities to be exchanged then certain standards must be met so that trades are carried out without the need for visual inspections. There are several factors which make commodity trading very different to trading stocks, bonds and securities. Prices are influenced by factors including market demands, technological advancements and global economic developments.