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8. You are long 10 gold futures contracts, established at an initial settle price of $1,630 per ounce, where each contract represents 100 ounces. Over

8. You are long 10 gold futures contracts, established at an initial settle price of $1,630 per ounce, where each contract represents 100 ounces. Over the subsequent four trading days, gold settles at $1,638, $1,628, $1,638, and $1,641, respectively. Calculate the profit or loss for each trading day. (Do not round intermediate calculations. A negative answer should be indicated by a minus sign.)

Profit/ Loss
Day 1 $
Day 2 $
Day 3 $
Day 4 $

Compute your total profit or loss at the end of the trading period. (Input your answer as a positive value. Do not round intermediate calculations.)

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