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What is COMEX copper?

Copper is one of the most important base metals, and the metal is used by a wide range of industries. COMEX copper is the copper futures contract that trades on Commodity Exchange division of the New York Mercantile Exchange. With copper futures you can purchase contracts with delivery dates out to five years in the future.

What is a COMEX copper futures contract?

The COMEX copper futures contract is for the future delivery of 25,000 pounds of Grade 1 copper. Contract months are available for every month for the next two years and then quarterly out to five years.

How does Comex affect the precious metals market?

The prices and daily activities of global traders on the exchange impact the precious metals markets around the world. COMEX serves as the primary clearinghouse for gold, silver, and copper futures, all of which are traded in standardized contract sizes, as well as a mini and/or micro version.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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