Because usually it is not backed up by any commodity such as gold or silver. While it is possible to have digital currency that is fully backed up by a commodity, most aren't.
Commodity money refers to objects that have value and can be used as money. Examples would be gold, silver, jewelry, or any metal that has value. Anything that has value to one person can be used as commodity money. If someone is in need of coffee beans and you have them but they don't, they may be willing to barter goods in exchange for coffee beans. In this case, coffee beans would be used as commodity money.
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If you want to find out more information about commodity futures options then you can go to the website Commodity World which is a free site where you can do research.
An online commodity broker is someone who places online trades on behalf of their clients. It is a good idea to choose a commodity broker that is based nearby, as this means you will be able to meet them. FutureSource and FutureBuzz have many listings for commodity brokers.
The purpose of commodity silver is usually for investment. Although silver is not as rare or as valuable as gold it is also long lasting and valuable enough that it is usually a stable investment.
The term you are looking for is commodity money. Some examples of commodity money are gold and silver.
The three forms of money are commodity money (like gold and silver), fiat money (issued by a government and not backed by a physical commodity), and representative money (backed by a physical commodity, but can be exchanged for that commodity).
gold, silver, copper, foods, alcohol, cigarettes, and drugs can all be used as commodity money.
One can get more information about silver commodity prices on a number of websites. Few examples are: Super Trading Online, CNNMoney, and moneycontrol.
Domestic commodity markets continue to witness a fall in gold prices and silver follows suit. ... Gold prices down in futures trade on global cues.
This tax is 0.01 percent and it is assessed when trading non-agriculture commodity derivatives. It has the potential to affect the trading of metals, including gold and silver.
This tax is 0.01 percent and it is assessed when trading non-agriculture commodity derivatives. It has the potential to affect the trading of metals, including gold and silver.
A number of factors determine silver spot prices. Supply and demand are the biggest factors that result in the current silver spot price. Commodity markets that trade around the world include precious metals such as silver, gold and platinum. The commodity markets play a part in the silver spot price. Supply and demand prices can vary by the hour. Future commodity speculation also plays a part in determining silver spot prices. The demand for silver by manufacturing companies also influences the spot prices. World governments affect the price by purchasing or selling large quantities of silver. The opening or closing of silver mines, and the increase or decrease of production also affects prices. For the most part, silver spot can change quickly.
Because usually it is not backed up by any commodity such as gold or silver. While it is possible to have digital currency that is fully backed up by a commodity, most aren't.
Check the financial section of your local newspaper or use a financial site such as CNNMoney.com.
Commodity money refers to objects that have value and can be used as money. Examples would be gold, silver, jewelry, or any metal that has value. Anything that has value to one person can be used as commodity money. If someone is in need of coffee beans and you have them but they don't, they may be willing to barter goods in exchange for coffee beans. In this case, coffee beans would be used as commodity money.