What is another word for gold futures?
Pronunciation: [ɡˈə͡ʊld fjˈuːt͡ʃəz] (IPA) 
Gold futures are contracts that involve buying or selling a certain amount of gold at a predetermined price and date in the future. There are various synonyms that refer to this financial instrument, including gold options, gold forwards, and gold futures contracts. Some other common terms include gold derivatives, gold hedging, and gold commodity contracts. Essentially, all of these synonyms refer to the same concept of speculating on the future price of gold and using a contract to mitigate risk and secure a price. Gold futures and their synonyms are widely used by investors and traders who want exposure to the gold market, but want to reduce the risk of fluctuating prices.
