In the commodity futures market, what is speculated is the price of the commodity. Commodity futures usually refer to standardized commodity contracts for delivery at a certain time and place in the future, such as gold, copper, soybeans and corn. People who speculate on commodity futures are usually speculators. They hope to make profits by predicting the fluctuation of commodity prices.
In the financial futures market, what is speculated is the price of financial products. Financial futures usually refer to standardized financial contracts to be delivered at a certain time and place in the future, such as stocks, foreign exchange, interest rates and stock indexes. People who speculate in financial futures are usually investors. They hope to make profits by predicting the price fluctuation of financial products.
In the agricultural futures market, the prices of agricultural products are speculated. Agricultural futures usually refer to standardized agricultural contracts to be delivered at a certain time and place in the future, such as wheat, corn, soybeans and cotton. People who speculate on agricultural futures are usually speculators or farmers. They hope to make profits by predicting the fluctuation of agricultural prices.
In the metal futures market, it is the price of metal that is speculated. Metal futures usually refer to standardized metal contracts for delivery at a certain time and place in the future, such as gold, silver, copper and aluminum. People who speculate in metal futures are usually speculators or metal traders. They hope to make profits by predicting the fluctuation of metal prices.
It should be noted that futures investment has the characteristics of high risk and high return, and investors should make reasonable investment decisions according to their own risk tolerance and investment objectives to avoid unnecessary losses.