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On 1/5/2021, an investor buys 8 gold futures contracts, when the futures price is $1,500 per ounce. The contract size is 100 ounces. The next

On 1/5/2021, an investor buys 8 gold futures contracts, when the futures price is $1,500 per ounce. The contract size is 100 ounces. The next day, the futures price becomes $1,504.20. Calculate the daily gain

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