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Suppose you sell six August 2020 gold futures contracts one week ago, at a price of $1737 per ounce. The contract size of the futures
Suppose you sell six August 2020 gold futures contracts one week ago, at a price of $1737 per ounce. The contract size of the futures is 100 ounce. If the spot gold price is $1644 and the gold futures price is $1611 today, what is your total profit or loss from this futures contract?
75600
-55800
151200
-75600
55800
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