Although precious metals are commonly touted as viable investments, many people still wonder: is gold or silver a commodity? With a rich history in numismatics and central bank reserves, these physical investments seem to toe the line between commodity and currency. Clearing up this confusion can give investors a more accurate perspective of the value of gold and silver and how they should play into their portfolios. What is a commodity? Before delving into the status of gold and silver, it’s crucial to get the definitions straight. A commodity is a basic, interchangeable good used in commerce that is traded publicly ... (full story)