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Metals & Commodities Futures

Trade metals, energy, and agricultural futures — gold, silver, copper, crude oil, natural gas, grains, softs, and livestock — across COMEX, NYMEX, ICE, and the global commodity exchanges.

Commodity futures are where the futures markets began, and they remain essential tools for both speculation and hedging. They offer diversification away from financial assets, exposure to real-world supply and demand, and — for producers and end users — a direct way to manage price risk. Wisdom Trading provides direct access across the full commodity complex, cleared through three top-tier FCMs.

Metals

Precious metals. Gold (GC) and silver (SI) on COMEX, plus platinum (PL) and palladium (PA) on NYMEX — used for directional trading, inflation and currency hedging, and portfolio diversification.

Base metals. COMEX copper (HG) and, for clients with the volume to justify it, the London Metal Exchange (LME) complex — aluminum, zinc, lead, nickel, and tin — via FCM routing. Intra-metals spreads such as the gold/silver ratio and platinum/palladium are exchange-supported.

Energy

Crude oil. WTI (CL) on NYMEX and Brent (BZ) on ICE, across the full forward curve.

Natural gas and products. Henry Hub natural gas (NG), RBOB gasoline (RB), and ULSD heating oil (HO), plus the crack and spark spreads that refiners and generators use to express margin views.

Agriculture and softs

Grains and oilseeds. The full Chicago complex — corn (ZC), soybeans (ZS), soybean meal and oil, and wheat in three classes — plus Minneapolis spring wheat.

Softs. Sugar, coffee, cocoa, cotton, and orange juice on ICE.

Livestock. Live cattle, feeder cattle, and lean hogs on CME.

How traders and hedgers use commodity futures

Diversification. Commodities are often uncorrelated — or negatively correlated — with stocks and bonds, which is why they feature heavily in trend-following and managed-futures portfolios.

Inflation sensitivity. Real assets like metals and energy have historically responded to inflation differently from financial assets.

Commercial hedging. Producers, processors, and end users lock in prices and manage basis risk. If you have physical exposure to manage, see our Advisory & Hedging service.

Why trade commodities through Wisdom Trading

Deep experience across the commodity complex since 2003, direct market access on professional platforms, segregated funds at an NFA-regulated FCM, and a broker who understands rolls, spreads, and delivery mechanics. For contract sizes and tick values, see Contract Specifications & Margins; for platforms and commissions, see Direct Market Access Brokerage.

Frequently asked questions

Do I have to take delivery of the physical commodity?

No. The large majority of futures positions are closed or rolled before expiration. If you hold a physically-settled contract into the delivery period you could be obligated to deliver or receive the commodity, which is why we help clients manage rolls and first-notice dates.

What is a roll, and why does it matter?

Rolling means closing an expiring contract and opening the next delivery month to maintain exposure. Roll timing and the shape of the forward curve (contango or backwardation) affect returns, and managing them well is part of what a good broker does.

Which commodity markets are most liquid?

Crude oil, natural gas, gold, and the major grains are among the deepest and most actively traded, with tight spreads and around-the-clock or extended electronic sessions.

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures and options is substantial and not suitable for all investors. Contract specifications are set by the exchanges and subject to change.