he division of the New York Mercantile Exchange commonly known as the Comex provides a commodities market for gold, as well as aluminum, copper, and silver. Without going so far as suggesting it’s impossible to get physical gold when exercising your Comex futures contracts, Jesse’s Cafe Americain explains that these days it just doesn’t seem very likely: “We would not conclude that you cannot get gold from the Comex in the exercise of your futures contract. ‘Cash settled’ is nothing new, and we ourselves have done this in the past. But we also have taken delivery, and have been speaking with other traders and funds, and many are spotting a trend. (more)
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