Commodities can range from a raw material used to produce consumer goods to crude oil, including gasoline or petrol, or metals such as gold, silver, copper, and aluminum. Empirically, commodities have proved to be a rewarding investment in the long run and displayed their abilities to endure high inflation spikes, making it an efficient hedge against inflationary pressures. The New York City-based investment bank forecasts commodities to rise further 13.5% over the next six months due to the decline in infections and the countries easing some of the restrictions on movement and economic activity.