COMEX, or the Commodity Exchange Inc., is a futures and options market for trading metals such as gold, silver, copper, and aluminum. It functions as a division of the New York Mercantile Exchange (NYMEX), part of the CME Group. COMEX is renowned for its standardized contract specifications, serving as a key platform for commodities trading and price determination.
The world's largest market for gold and silver trading, operated by the London Bullion Market Association (LBMA), sets global standards for bullion quality and trading.
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