Raw materials are essential natural resources that serve as the foundation for the production of goods we use daily, playing a crucial role in the global economy and trade. Historically, raw materials have shown a strong correlation with unexpected inflation, making them an attractive option for investors. They can be traded like any other financial instrument, making them a viable choice for traders and those looking to diversify their portfolios.

Currently, precious metals like gold and silver are on the rise due to their constant demand and appreciation. Similarly, energy commodities such as oil and natural gas have bullish projections, while in the agricultural sector, an increase in prices for certain products is expected.

Given their appeal, these raw materials are particularly interesting for those seeking to capitalize on their revaluation. Some are the most traded on the market, while others experience steady growth. Therefore, the outlook for investing in commodities in October 2024 is quite optimistic.

The 7 best commodities to invest in for October

The current market continues to offer great opportunities for those investing in commodities, especially considering the international landscape and its advantages. For October 2024, the most prominent are:

1. Gold

Gold remains a solid investment due to its security, liquidity, and long-term profitability. Its low volatility makes it an attractive option, with positive forecasts for the coming months.

2. Silver

Silver is not only a hedge against inflation but its demand in industrial sectors like 5G technology and solar energy continues to grow, driving its price upward.

3. Crude Oil (Brent)

Oil is one of the most traded commodities globally. Its price is influenced by production policies, but the expectations of a bullish cycle make it a good investment choice.

4. Natural Gas

Natural gas is the cleanest fossil fuel, and its demand continues to rise, particularly in Asia, the United States, and Europe. Its growth potential is appealing to investors.

5. Wheat

Wheat is essential for global food security. Its demand is increasing with the growth of the world population and the global economy, making it an excellent investment option.

6. Oats

Oats are highly valued in human and animal consumption. Their nutritional benefits and resistance to climate changes make them a stable commodity.

7. Palladium

Although less known, palladium is crucial in the automotive and electronics industries. Its limited supply and growing demand make it a potentially profitable investment.

These commodities offer an excellent opportunity for those looking to capitalize on the trends of October 2024.