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You own three November futures contracts on gold. What is the total value of your position as of the end of this day's trading? Gold
You own three November futures contracts on gold. What is the total value of your position as of the end of this day's trading?
Gold - 100 troy oz.: U.S. dollars and cents per troy oz.
Open | High | Low | Settle | |
Nov | 734.2 | 735.6 | 730.4 | 732.8 |
Jan | 667.4 | 668.2 | 658.1 | 660.5 |
a)$146,560 |
b) | $73,280 |
c) | $219,840 |
d)$198,150 |
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