Assume you bought a forward contract on Gold from Citibank. There are no special provisions in the contract. The price of the forward contract

a. should be lower than the price of the same contract if you were the seller and Citibank was the buyer

b. should be the same as the price of the exchange traded futures contract

c. should be the same as the spot price if storage costs are zero

d. should be higher than the price of the same contract if you were the seller and Citibank was the buyer