- CFA Exams
- CFA Level I Exam
- Study Session 15. Alternative Investments
- Reading 42. Introduction to Commodities and Commodity Derivatives
- Subject 1. Characteristics of Commodity Sectors
CFA Practice Question
Gold is considered to be a ______ commodity.
A. storable and renewable
B. storable and nonrenewable
C. non-storable and renewable
Explanation: It is not perishable and storage cost is low.
User Contributed Comments 1
| User | Comment |
|---|---|
| zyousa23 | I thought gold could be lost but not destroyed , making it renewable? |