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A futures contract on gold states that buyers and sellers agree to take or make delivery of an ounce of gold for $400 per ounce.

A futures contract on gold states that buyers and sellers agree to take or make delivery of an ounce of gold for $400 per ounce. The contract expires in 3 months. The current price of gold is $400 per ounce. If the price of gold rises and continues to rise every day over the 3 month period, then when the contract is settled, the buyer will _____ and the seller will _____. Group of answer choices lose; lose gain; gain lose; gain gain; lose

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