Introduction Gold: 100 troy oz.; $ per troy oz. Open High Low Settle Change Volume 1,311.37 1,312.71
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Introduction
Gold: 100 troy oz.; $ per troy oz. | |||||
Open | High | Low | Settle | Change | Volume |
1,311.37 | 1,312.71 | 1,310.95 | 1,311.32 | 1.11 | 2,598 |
Part 1
How many contracts should you buy if you need 1,000 ounces of gold on the expiration date of the contract?
Part 2
How much do you have to pay on the expiration date?
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