Commodities II: Precious Metals And Oil (26th January 2011)
8 Questions
| Total Attempts: 59
You have exactly 1 minute to answer the maximum of questions.
Questions and Answers
- 1.Fungibility of commodities mean:
- A.
The ability to exchange one commodity for another different commodity
- B.
The possibility to convert a commodity into cash easily
- C.
The interchangeability with other commodities of the same type
- 2.Speculating and leveraging are the two main reasons to invest in commodities?
- A.
True
- B.
False
- 3.From a hedging perspective, what is the main advantage of purchasing commodities futures?
- A.
Purchase today and pay tomorrow
- B.
Secure the future price of a raw material
- C.
Get a discount for volume purchase
- 4.When the US dollar appreciates the value of gold goes:
- A.
Up
- B.
Down
- 5.When the FED decrease the interest rate, the value of gold goes:
- A.
Up
- B.
Down
- 6.How many grams in 1 ounce ?
- A.
28
- B.
38
- C.
48
- 7.In the 1980s, oil reached its highest price ever?
- A.
True
- B.
False
- 8.What is the current price of oil per barrel ?
- A.
$118
- B.
$88
- C.
$46
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