Multiple choice general knowledge

Which is the most traded commodity in the world?

  1. gold

  2. steel

  3. crude oil

  4. wheat

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Crude oil is the most traded commodity in the world by volume, with millions of barrels traded daily on global exchanges like NYMEX and ICE. Gold is valuable but trades in smaller volumes compared to oil, steel is heavily traded but less than oil, and wheat trading volume is significantly lower than crude oil.