Top 10 commodities to invest in 2023 according to the article from MarketWatch

Read Time:1 Minute, 36 Second

Gold: Gold is the world’s most valuable commodity and has been used as a currency, a store of value, and a hedge against inflation for over 5,000 years.
Silver: Silver is an excellent safe harbor investment, second only to gold. It has been used extensively for thousands of years, and its demand remains high.
Lithium: Lithium is not a precious metal, but it has become integral to several technological advances, such as smartphones and electric cars. Its demand is expected to surpass output in 2027.
Copper: Copper serves as an excellent inflation hedge both directly and indirectly. It can be held in physical form as coins, bullion bars, or futures, or indirectly as copper ETFs, copper miner stocks, or copper mutual funds.
Aluminum: Aluminum is an excellent investment option because of its current value projection of $2126/t with a long-term forecast of $2,276/t by 2026.
Palladium: Palladium is a rare metal that is used in catalytic converters in vehicles to reduce emissions. Its demand has been increasing due to the growing popularity of electric vehicles.
Natural Gas: Natural gas is an important source of energy worldwide and is often used as a cleaner alternative to oil and coal. It has a wide range of applications, from heating homes and powering vehicles to producing electricity.
Corn: Corn is a staple crop around the world, and demand for it continues to rise. It is used not only as a food source but also as a feedstock for producing ethanol, a renewable fuel source.
Soybeans: Soybeans are another important agricultural commodity that is widely traded around the world. They are used as a food source and as a feedstock for producing animal feed, biodiesel, and other products.
Cocoa: Cocoa is a key ingredient in chocolate and is widely traded around the world. Demand for cocoa continues to rise, driven by increasing global consumption of chocolate products.