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What is Cost of carry?

The cost of holding gold until a future date (mainly interest, minus any lease income). It is why the futures price normally sits above the spot price, and why the GC–XAUUSD gap exists. [Appendix]

In context

Cost of carry — The cost of holding gold until a future date (mainly interest, minus any lease income). It is why the futures price normally sits above the spot price, and why the GC–XAUUSD gap exists. [Appendix]

From Reference: Glossary, Pre-Session Checklist, GC→XAUUSD Conversion and Contract Cheat Sheet

Related terms

Basis (GC–XAUUSD gap)XAUUSD

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