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.

Why is COMEX important to investors?

COMEX is significant to investors because it provides a transparent marketplace for trading precious metals futures and options, facilitates price discovery, and is a crucial reference point for global metal prices. Discover how COMEX, a division of CME Group, sets the benchmark for metal prices and empowers investors to navigate market volatility.

What metals are traded on the Comex?

Other futures contracts traded on the COMEX include aluminum, palladium, platinum, and steel. Because the futures market is mostly a hedging vehicle for mitigating price risk, the majority of futures contracts are never delivered. Most trades are made simply on the promise of that metal and on the knowledge that it exists.