Sample Wall Street Journal Futures Price Quotations TABLE 23.1 Metal &Petroleum Futures Contract Open Chg interest Open High hi lo Low Settle Copper-High (CMX)-25,000 lbs; $ per lb Feb March Gold (CMX)-10o troy oz; $ per troy oz. Feb April June 2.6735 2.6735 2.6715 2.648o-.0125 2.6410 672 2.6535 -0.0130 120,434 2.6660 2.6765 1,387 -2.70 288,888 63,531 18,296 29,516 4,419 1226.90 1235.10 1226.10 1236.8o 1230.00 1240.00 1235.10 1243.10 1239.00 1249.20 1254.80 1259.0o 1239.40 1243.50 1242.70 1246.20o 1246.10 1249.0o 1250.10 1252.00 1254.00 1256.90 2.50 2.70 -2.80 2.70 2.50 Dec June'18266.00 1266.0o Palladium (NYM)-50 troy oz; $ per troy oz. 732.85 732.85 Feb March une Sept 732.85 768.00 772.55 770.40774.00 775.10 775.oo 2.80 5 772.60 770.60 778.80 2.80 22,948 6,503 17 o0 780.00 771.00 3.60 775.30 777.oo Platinum (NYM)-50 troy oz; $ per troy oz Feb 978.80 1019.60 1032.10 2.80 978.80 1019.2o 979.10 2 April A 1016.20 1022.20 2.80 59,479 Silver (CMX)-5,0oo troy oz.; $ per troy oz. Suppose you sell eight August 2017 gold futures contracts on this day, at the last price of the day. Use Table 231 a. What will your profit or loss be if gold prices turn out to be $1,253.70 per ounce at expiration? (Do not round intermediate calculations. Enter your answer as a positive value rounded to the nearest whole number, e.g., 32.) b. What will your profit or loss be if gold prices are $1,238.40 per ounce at expiration? (Do not round intermediate calculations. Enter your answer as a positive value rounded to the nearest whole number, e.g., 32.) a. b