How do we think about existence of different prices for gold, Financial Management

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How do we think about existence of different prices for gold

Problem

You noticed a news article quoting "the spot price of gold is $1,737 per oz" and later on in the article, you saw another quote for "the December gold futures price is $1,773 per oz". Explain how do we think about the existence of different prices for gold.

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Financial Management: How do we think about existence of different prices for gold

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Financial Management: How do we think about existence of different prices for gold

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