An investor believes that the price of gold will increase and buys 5 (five) July gold futures contracts at 1600.00 per ounce. Each contract size is 100 ounces. July gold futures price increases. The investor decides to increase his position and goes long another 5 (five) contracts at 1610.00 per ounce . The investor pays round-turn commissions of $20 per contract. Later he decides to liquidate all contracts at 1605.00. What is the resulting profit or loss? Nessun profitto o perdita. Un profitto pari a 20 USD Perdita pari a 200 USD Un profitto pari a 2.300 USD

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07-06-2024
Business

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An investor believes that the price of gold will increase and buys 5 (five) July gold futures contracts at 1600.00 per ounce. Each contract size is 100 ounces. July gold futures price increases. The investor decides to increase his position and goes long another 5 (five) contracts at 1610.00 per ounce . The investor pays round-turn commissions of $20 per contract. Later he decides to liquidate all contracts at 1605.00. What is the resulting profit or loss? Nessun profitto o perdita. Un profitto pari a 20 USD Perdita pari a 200 USD Un profitto pari a 2.300 USD

Sagot :

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