Historical Prices Of Major Natural Resource

This dataset contains historical daily closing prices for significant natural resource futures contracts. It includes comprehensive data covering a range of key commodities such as Crude Oil (WTI and Brent), Gold, Silver, Natural Gas, Corn, Wheat, Soybean, Copper, Platinum, and Palladium.

The dataset provided is particularly suitable for a variety of analytical and predictive purposes, including:

Market trend analysis and visualization to understand price fluctuations and long-term cycles.

Economic research to assess the impact of economic events, policy changes, or supply-demand dynamics on commodity prices.

Building forecasting models, including machine learning and time series predictive analytics, to predict future price movements.

Portfolio optimization and risk management by analyzing commodity correlations and volatility.

Educational purposes, offering practical datasets for training students in economics, finance, statistics, and data science courses.

Due to the nature of historical data collection, certain entries may be missing. For example, there is an instance where an entire month of Platinum price data is absent. Such missing data points can typically be handled effectively by imputing values—calculating an average between the last known entry and the subsequent available entry—without negatively impacting the integrity of analytical studies.