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Archive for Monday, May 20, 2002

On the money

May 20, 2002

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What market factors influence gas prices at the pump? Why is gold so expensive or not? How come the price of orange juice has changed?

The price we pay for a range of consumer goods is determined in part by trading in futures on different commodities.

Commodity trading is not for the faint of heart. But if you'd like to learn how the futures market works, you might check out one of these informative sites on the World Wide Web:

Chicago Board of Trade at www.cbot.com. Web users can select "Knowledge Center" at the top to view information on commodity futures.

Commodity Futures Trading Commission at www.cftc.gov/opa/brochures/opafutures.htm. It offers tips on commodity trading and investing considerations.

FuturesGuide at www.futuresguide.com. The site provides articles on different facets of commodity trading.

Keystone Commodity Broker at www.keystone-web.com/commodities/indepth.html. It contains details about different commodity groups.

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