question archive Name a product that has a price that adjusts very frequently

Name a product that has a price that adjusts very frequently

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Name a product that has a price that adjusts very frequently.

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There are many such examples of products which undergo frequent price change. Some of which are:

1. Petrol and diesel Prices:

This is a highly volatile product with the prices changing on an everyday basis. The prices are largely determined by the global supply and demand situation. It also constitutes an essential factor in cost determination of many other goods.

2. Gold and Silver:

Commodities like gold and silver prices change everyday. It is seen that when there is economic slowdown, the prices of gold and silver increases rapidly whereas when the economy is undergoing high growth rate, the price level of gold and silver comes down . Both the commodities are nevertheless highly volatile in terms of price.

3. Financial products like shares:

Shares are traded in the secondary market. The shares prices fluctuate every second and the prices becomes a tool of arbitrage for the traders. In determination of the share prices, there are many factors which comes to play such as economic and political stability, the government policies, the policies of the businesses etc.