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What is a futures price of gold?

The Futures Price of Gold is a price at which delivery of gold could take place on a future delivery date based on a gold futures contract agreement between transacting parties. A gold futures contract is said to be in contango when the futures price is higher than the spot price.

What are gold and silver futures?

As the name implies, futures are financial contracts that revolve around the future of their objects. More specifically speaking, should you invest in gold or silver futures, you’ll be committed to making a transaction at a date and the price specified in the contract.

What is a gold futures contract?

Representing 100 troy ounces of gold, CME Group's gold futures contract is one of the most widely traded metals contracts in the world. Gold futures can allow investors and traders to participate in an alternative to the traditional means of investing in gold.

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