If gold currently sells for $1,500 per ounce and you believe that the price of gold will increase in the future, explain how you could make money by purchasing a gold future to have 1 ounce of gold delivered to you in 3 months at a price of $1,700.

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The Answer of If gold currently sells for $1,500 per ounce and you believe that the price of gold will increase in the future, explain how you could make money by purchasing a gold future to have 1 ounce of gold delivered to you in 3 months at a price of $1,700.

If Gold Currently Sells for $1,500 Per Ounce and You