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the spot price of gold has a negative correlation with libor rate. what does it imply for the relation between forward gold price and futures

the spot price of gold has a negative correlation with libor rate. what does it imply for the relation between forward gold price and futures gold price?

a. these prices are the same b. forward oil price is bigger than future oil price c. forward oil price is smaller than futures oil price d. forward oil price is bigger than futures oil price during economic recession and smaller otherwise

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