Beginner’s guide to commodity trading in Jordan

Commodity trading in Jordan gives traders access to energy, metals, and agricultural markets, including gold, oil, and wheat. Traders can buy these assets directly or speculate on their price changes through financial instruments.

In this guide, we’ll cover the basics of commodity trading in Jordan, the commodities most commonly traded, and how to get started with a regulated broker.

What is commodity trading?

Commodity trading involves buying and selling standardized goods such as gold, oil, or wheat. Global supply and demand set the prices of these commodities, which is why political events, economic data, and seasonal trends can influence their value. 

Definition and market types

Now that you know what commodity trading is, it’s important to understand how commodities are grouped. Each category reacts differently to market forces, which can influence how and when you choose to trade them.  

• Hard commodities: Natural resources such as gold, oil, copper, and silver. 
• Soft commodities: Agricultural products such as livestock, wheat, corn, coffee, and sugar.

Hard commodities are typically influenced by factors like mining output, energy demand, and geopolitical tensions, while soft commodities tend to be more sensitive to seasonal cycles, transportation costs, or shifts in trade policy.

UKOIL and USOIL quotes in the Exness Terminal. Find more commodities in the “Instruments” tab.

Commodity prices are impacted by various factors. Metals such as gold and silver fluctuate because of global demand, supply, and geopolitical events, whereas soft commodity prices are sensitive to weather changes and crop diseases.

Spot vs futures vs CFDs

The types of commodity trading markets include spot, futures, and CFDs:

What are the most traded commodities

The most traded commodities are those identified as essential goods in the global economy, such as gold and oil. These commodities are critical raw materials in transportation, food, and energy. Top commodities are easy to trade because there’s always a steady supply of traders who are ready to buy and sell them. However, they are often volatile because their prices can swing significantly due to weather conditions, geopolitics, and economic factors like inflation.

Precious metals

This image shows a comprehensive overview of the gold commodity trading screen and the Exness gold trading calculator on the Exness website.

Exness offers CFD trading for popular precious metal commodities, like gold, silver, and platinum, with some of the tightest and most stable spreads¹ that brokers have to offer. The spread refers to the lowest difference between the buying and selling prices. 

Energy commodities

Oil and gas are the top traded energy commodities. Oil is critical to the world economy because it fuels planes, trucks, and cars, and is used to generate electricity. It’s also one of Jordan’s biggest imports, with close to 3 billion USD worth of crude and refined petroleum imported every year. Natural gas prices often fluctuate since its use is important to countries and companies worldwide.

Agricultural goods

Wheat is a staple food for bread and pasta in many countries, making it a top-traded agricultural commodity. Corn—used in biofuel, animal feed, and food—is another commonly traded commodity. Most of the world’s corn is produced in countries such as the US, China, Brazil, India, and Argentina.

Why trade commodity CFDs in Jordan?

Jordan relies heavily on importing and exporting oil, wheat, and gold, which exposes the country to global price movements. When the price of goods increases, it impacts the value of everything from energy to consumer goods. If export prices drop, it impacts the country’s GDP. Traders can tap into this important market and speculate on the price of those volatile commodities, with the potential for gains or losses during sharp price moves.

By trading strictly in CFDs, Jordanian traders don’t need to take delivery of the commodity and worry about costly aspects such as transport and storage. They can simply speculate on future value and then seek to profit from the difference between the opening and closing price.

Hedging against inflation

When inflation hits, it erodes the value of cash and traditional investments. However, commodities offer some degree of portfolio protection, as commodity prices—particularly gold and silver—often increase during such periods. Investors see precious metals as a store of value—something to turn to when traditional investments fail.

CFD traders often take advantage of this fact by opening buy positions when traditional investments are struggling and betting against those commodities when the markets are strong.

Diversification opportunities

Commodities provide diversification opportunities for savvy investors, as many commodity prices move inversely to the value of other investments. For example, if a production shortfall leads to a higher demand for essential agricultural products, the companies that rely on them may suffer, which could see lower prices for stocks and indices. But higher commodity demand creates higher commodity prices, so they will strengthen as those stocks suffer, and CFD traders can take advantage of this.

Market volatility and profit potential

Trading commodities in Jordan is attractive since global prices often fluctuate because of the weather, as well as global supply and demand. This creates opportunities to profit from price swings using CFDs. However, volatility also amplifies the risk, so it’s important for traders to stay sharp and implement risk management strategies.

A crude oil chart showing how volatile commodity markets can be. It depicts several major price movements during a tumultuous time for global politics in April/May 2025.