1 – Buy Precious Metals Through Bullion Dealers
Most countries have bullion dealers, both brick-and-mortar and online shops. They allow you to buy or sell metals like gold, silver, platinum, and palladium. Some offer other commodities as bullion, too, like copper and rhodium.
2 – Buy Stocks or ETF
Perhaps the most indirect way to trade commodities is through company stocks. For example, there are dozens of mining companies that specialize in industrial metals.
3 – Mutual Fund
A mutual fund consists of a brokerage combining investments from multiple sources to allocate to a particular group of assets. Much like we just discussed with ETFs, mutual fund prices are determined by multiple investment products
4 – Invest in Futures & Options Contracts
The majority of popular commodities are accessible on national and international exchanges. Typically, futures contracts are available precious metals, common metals, soft agricultural commodities, and energy commodities.
A CFD is an agreement between you and a third party, typically a broker, where the buyer or seller pays the difference between the contract opening and closing price to the opposing party.