An Empirical Analysis on the Efficiency of Selected Commodities of Indian Commodity Market

The commodities markets enable the exchange of goods and raw resources, making them an integral aspect of the global economy. A comprehensive analysis of commodities markets, including their structure, functioning, and impact on various demographics, is the overarching goal of this study. A variety of essentials, including energy sources and metals, are within the purview of scientific inquiry. Parts of the study selected six commodities—aluminium, zinc, copper, gold petals, silver, and crude oil—to compare and analyse their potential risks and profits on the Commodity Exchange (MCX). Three statistical tools are being used for analysis: standard deviation, correlation and coefficient. The study tracks how the commodities markets have evolved to include increasingly intricate financial tools and electronic trading platforms. Changes in regulatory frameworks, technological advancements, and geopolitical factors are a few of the factors that have affected the commodities market. An important part of the research is figuring out what different types of commodities are and how their markets work.