COMEX (Commodity Exchange, Inc.) is a division of the New York Mercantile Exchange (NYMEX). It is a major global marketplace for trading futures and options contracts, primarily in metals such as gold, silver, copper, and aluminum. COMEX provides a platform for price discovery, risk management, and investment in the commodities market. It is commonly used by producers, consumers, and investors to hedge against price fluctuations and speculate on future price movements.
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