COMEX

Comic book creator Javier Hernandez of Los Comex produced a story “El Muerto,” which is about a young man born on the Day of the Dead and resurrected by the Aztec god of death.

Copper volumes at the 145-year-old LME have dipped just 6% year-to-date, holding up better than ShFE and Comex because the core of its business is based on physical flows including from miners and industrial users, said Marc Bailey, chief executive of broker Sucden Financial in London.

The latest data shows more funds with bearish positions than bullish copper positions on the London Metal Exchange and COMEX.

In 2019 and 2020, a bullion price rally pushed trading in London and on New York’s Comex exchange to record levels, with about a billion ounces of gold changing hands in each venue in March 2020.

Comex in New York, each of which host trading of around half a billion ounces of silver a day.