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Discuss the trend over three months of the average spot and forward prices? Is the average price useful? Why or why not? Consider the results

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image text in transcribedDiscuss the trend over three months of the average spot and forward prices?

Is the average price useful? Why or why not? Consider the results from Part A.

Part A: image text in transcribed

Month Sep Oct Nov Grand Total Average Gold Spot Average Gold Forward Price Price 1198.089048 1201.957143 1215.332174 1217.73913 1220.828636 1225.163636 1211.677879 1215.192424 Average Gold Spot Price Average Gold Forward Price 1230 1225 1220 1215 1210 1205 Values Average Gold Spot Price Average Gold Forward Price 1200 1195 1190 1185 1180 Sep Oct Nov $1,150 $1,160 $1,170 $1,180 $1,190 $1,200 $1,210 $1,220 $1,230 $1,240 $1,250 -Gold Spot Price Gold Forward Price 2-Sep 3-Sep 4-Sep 5-Sep 6-Sep 7-Sep 10-Sep 11-Sep 12-Sep 13-Sep 140 14-Sep 2 17-Sep 18-Sep 19-Sep 20-Sep 21-Sep 21 sep 24-Sep 24 sep 25-Sep 2. 26-Sep 27-Sep 28-Sep 1-Oct 2-Oct 3-Oct 4-Oct - 5-Oct 8-Oct 8-Oct you 9-Oct 10-Oct 11-Oct 12-Oct ra 15-Oct 16-Oct 17-Oct 100 18-Oct 100 19-Oct 22-Oct 23-Oct 24-Oct 25-Oct 26-Oct 20.0 29-Oct 200 30-Oct 21.0 31-Oct 1. Now 1-Nov 2. 2-Nov 5-Nov 5.Nov 6-Nov 6-Nov 7-Nov 7-Noy 8-NOV 8-Nov 9-Nov NO 12-Nov 13-Nov 14-Nov 16. 15-Nov 16. Now 16-Nov 10. 19-Nov 20-Nov 20-Nov 21-Nov 21-Nov 22-Nov 22-Nov 23-Nov 26-Nov 27-Nov Spot and Forward Price of Gold (USD per oz.) 28-Nov 29-Nov 30-Nov

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