An Investor Takes A Long Position Of 10 Gold Futures Contract The Contract Size

An investor takes a long position of 10 gold futures contract. The contract size is 100 ounces. The gold futures price is $1,500 per ounce and the initial margin is $60 per ounce. Suppose the futures price becomes $1,536 next month and he sells to close the futures. Calculate the rate of return.

Posted in Uncategorized

Place this order or similar order and get an amazing discount. USE Discount code “GET20” for 20% discount