Commodities
Commodities are physical assets — raw materials or primary goods — held for long-term value preservation or as an inflation hedge. In LibreFolio, this category covers precious metals, energy, and other tangible stores of value.
🔑 Key Characteristics
| Property |
Detail |
| Code in LibreFolio |
HOLD |
| Pricing |
Spot prices from commodity exchanges, or manual valuation |
| Currency |
Typically quoted in USD (gold, oil) but can be any currency |
| Dividends |
None — commodities do not generate income |
| Storage |
Physical commodities may incur storage/insurance costs |
| Typical providers |
Yahoo Finance (e.g., GC=F for gold futures), Manual |
📊 Common Commodities
| Commodity |
Symbol |
Role in Portfolio |
| Gold |
GC=F |
Safe haven, inflation hedge |
| Silver |
SI=F |
Industrial + precious metal |
| Oil (Crude) |
CL=F |
Energy exposure |
| Natural Gas |
NG=F |
Energy exposure |
📈 Why Hold Commodities
- Inflation hedge: Commodity prices tend to rise with inflation
- Diversification: Low correlation with stocks and bonds
- Safe haven: Gold historically performs well during market crises
- No counterparty risk: Physical gold has no issuer that can default