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Select a futures contract and note the price today. Gold Futures $1945.10 Find the price of the futures contract one year ago today: $1523.70 If

  1. Select a futures contract and note the price today. Gold Futures $1945.10
  2. Find the price of the futures contract one year ago today: $1523.70
  3. If you had invested $1000 into that futures contract one year ago, calculate then report how much you would have gained or lost.
  4. Speculate what you think will happen to that futures contract one year from now.
  5. Provide an explanation supporting your findings.

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