In commodity market terminology, bullion refers to any precious metal in a form where its main value derives from that of the metal itself, not from any value as currency. Bullion can also refer to government-issued coins that tend to be valued on a weight and purity basis, rather than on their assigned value.
In practice, bullion usually means gold, silver, platinum or palladium in ingot or bar form, and generally of a higher quality, typically 99.5% pure
The energy sector is that part of the economy that produces, refines and supplies the natural resources that the world uses to keep things moving. This is a really long way of saying oil.
In commodities market Crude Oil, Natural Gas, Brent Crude Oil are Energy product
In economics, refers to metals which are non-ferrous, non-precious and used for industrial purposes. They include nickel, zinc, tin, lead, copper and aluminum.
The London Metal Exchange reflects the global economic outlook. Copper, for example, is the world’s third most-used metal, and therefore (the theory goes) its price will go up during periods of economic growth and down in a recession.
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