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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
- 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 you had invested $1000 into that futures contract one year ago, calculate then report how much you would have gained or lost.
- Speculate what you think will happen to that futures contract one year from now.
- Provide an explanation supporting your findings.
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