Physical gold is trading at USD 2519.64 per ounce. If the continuously compounded risk free rate (ie the Federal Funds Rate in continuously compounded terms) is 2.12314% and annual storage costs of gold are USD 14.84 per annum per ounce (ie youll need to convert this dollar cost into an annual percentage of the price of gold), what, is the theoretical price for gold futures on the Chicago Mercantile Exchange (COMEX) which expire in 47 days (nb. On US exchanges a year is regarded as 360 days) when the minimum tick value in the Gold Futures contract is $0.10?

		$2,576.10
		$2,528.60
		$2,528.33
		$2,526.63