On the cbot one gold futures contract trades in units of


On the CBOT one Gold futures contract trades in units of 100 ounces of gold. Suppose you bought one contract at $500/ounce and sold as the price spiked to $510/ounce. Compute your profit or loss.

Solution Preview :

Prepared by a verified Expert
Finance Basics: On the cbot one gold futures contract trades in units of
Reference No:- TGS01622221

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)