COMEX is the primary futures and options market for trading metals such as gold, silver, copper, and aluminum. Formerly known as the Commodity Exchange Inc., COMEX merged with the New York Mercantile Exchange (NYMEX) in 1994 and became the division responsible for metals trading.
FOREX is the world's largest futures and options trading for metals. It is a division of the Chicago Mercantile Exchange (CME). Metals futures are mostly used for hedging and are not typically delivered upon.
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