Can't sell the gold to the commodities market
I have gold in my cargo that I mined, found a station that imports it, but don't have an option to sell it in the commodities market.
Do I need to do something to the gold underneath the hopper, currently it says it is empty?
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How is gold traded in commodity market?
Futures contracts are the main way to trade gold. A futures contract is an agreement to buy or sell gold for a set price on a future date. While futures contracts can be used to take possession of the physical commodity, you don't necessarily have to \u2013 futures contracts can be settled in cash.Can you buy gold as a commodity?
In general, investors looking to invest in gold directly have three choices: they can purchase the physical asset, they can purchase shares of a mutual or exchange-traded fund (ETF) that replicates the price of gold, or they can trade futures and options in the commodities market.Does gold fall under commodities?
Commodity is any tangible good that has monetary utility. A commodity is an asset. There are two kinds of such goods \u2013 hard commodities such as zinc, coal, oil and gold and soft commodities like wheat, rice, pulses and tea, among others.Can you trade gold on the stock market?
Another way to day trade gold is through a fund that trades on a stock exchange, like the SPDR Gold Trust (GLD). If you have a stock-trading account, you can trade the price movements in gold. The trust holds gold in reserve, and therefore its value is reflective of the price of gold.Can - Mother Sky (1970) [HQ]
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