The paper provides an in-depth overview of commodity markets, covering traded goods, key stakeholders, financial instruments such as swaps, options, and futures. It underscores the importance of risk management, touching upon pricing, operational, and geopolitical factors, as well as the role of commodities in portfolio diversification. Additionally, it explores forthcoming trends in commodity trading, notably sustainability, and underscores the significance of education and risk awareness in making well-informed decisions.