Question

3. Suppose the gold merchant enters into a forward contract to
buy gold from an Australian gold mining company 6 months
later at USD 930 per ounce. At the end of three months from
the date this contract was entered into, the forward price of a
forward contract to sell gold three months hence is USD 920
per ounce. Does the gold merchant gain or lose on the original
forward contract? Suppose it is expected that the price of gold
is likely to decrease further in the next three months, what
should the gold merchant do?​

Answer 1

Answer:

I am a beautiful person who is the best way to get the best way

Answer 2

U search in google

may be answer will be come