Answers about Commodities

There is no such thing as 10k silver. Silver purity isn't marked in carats. It's marked in "millesimal fineness." There are a thousand mils in a whole. The pure
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Investing and Financial Markets



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Examples of commodities are?


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Crude oil is traded on the New York Mercantile Exchange (NYMEX). Gold is traded on the COMEX exchange. Corn is traded on the Chicago Board of Trade (CBOT). Coff
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Time Zones



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What are the World Market Timings as per Indian standard time?


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The major world market timings in Indian Standard Time (IST) are as follows: New York Stock Exchange (NYSE): 7:00 PM to 1:30 AM IST London Stock Exchange (LSE)
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New York



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What is the difference between the rates of sugar in London No. 5 and New York No.11 market?


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The sugar rates in the London No. 5 and New York No. 11 markets can differ due to various factors such as supply and demand dynamics, exchange rates, tariffs, t
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Commodities



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What is the difference between work study and motion study?


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Work study focuses on improving the efficiency of work processes through methods like time and motion study, while motion study specifically analyzes the motion
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Elements and Compounds



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How much does pure titanium cost per pound today?


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The cost of pure titanium can vary depending on market conditions, but as of 2021, it typically ranges from $5 to $10 per pound. Prices may fluctuate due to fac
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Investing and Financial Markets



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Buying and selling commodities is known as what?


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Buying and selling commodities is known as trading. It involves the exchange of raw materials or primary agricultural products between buyers and sellers in the
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Geophysics



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Why is fuel going up?


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Fuel prices can increase due to a variety of factors, including supply and demand dynamics, geopolitical tensions, changes in crude oil prices, and fluctuations
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Science



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Most expensive metal commodity?


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Rhodium is currently the most expensive metal commodity. It is used primarily in catalytic converters for vehicles and in the production of other chemicals. Its
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Chemistry



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What is the cost of lanthanum?


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As of 2021, the cost of lanthanum is approximately $750-$800 per kilogram. The price can fluctuate depending on factors such as supply and demand, market condit
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Elements and Compounds



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How much is titanium per pound?


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The price of titanium can vary depending on the supplier and market conditions, but as of 2021, the average price for titanium is around $4 to $8 per pound. Spe
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Investing and Financial Markets



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What is an Exchange of commodities for money or other commodities?


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This is known as bartering, where goods or services are exchanged without the use of money. It involves a direct trade of goods or services between two parties.