General Market Indices in the Commodities Market
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Question
General Market indices in the commodities market with which many people would be familiar include:
Answers
Explanations
Click on the arrows to vote for the correct answer
A. B. C. D.D
The correct answer is D, which means that both the Goldman Sachs Commodities Index (GSCI) and the Commodities Research Board are well-known market indices in the commodities market.
The Goldman Sachs Commodities Index (GSCI) is a widely recognized benchmark for investments in the commodities market. It tracks the prices of a diverse set of commodities, including energy, industrial metals, precious metals, and agricultural products. The GSCI is a market-weighted index, meaning that it gives greater weight to the commodities that have a higher market value.
The Commodities Research Board (CRB) is another popular benchmark for the commodities market. It tracks the prices of 19 commodities, including crude oil, gold, and soybeans. The CRB is also a market-weighted index, but it gives equal weight to each commodity.
Acme Tool & Die, on the other hand, is not a market index in the commodities market. It is a fictional company name that does not relate to the topic at hand.
In summary, the correct answer is D, because both the Goldman Sachs Commodities Index (GSCI) and the Commodities Research Board are well-known market indices in the commodities market.
