Suppose gold is the only good in the world and sells for $1,705 in the U.S. and for 1,764 in the U.K. What are you potential arbitrage profits if you have $5,893 and the current spot price is $1.032/?

Suppose gold is the only good in the world and sells for $1,705 in the U.S. and for 1,764 in the U.K. What are you potential arbitrage profits if you have $5,893 and the current spot price is $1.032/