Shadow comex refers to the unofficial or unregulated market for commodities, particularly precious metals, that operates parallel to the official Commodity Exchange (COMEX). This underground market is often used by investors and traders to circumvent regulations and manipulate prices, leading to increased volatility and potential risks for both buyers and sellers. The term ‘shadow’ alludes to the secretive and clandestine nature of this market, which operates outside of the oversight of regulatory bodies. Despite its illicit nature, shadow comex plays a significant role in the global commodities market, with its activities impacting prices and supply and demand dynamics.