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SLIDESHOW: The gold price – A turbulent history

Ana Komnenic | August 16, 2013 | 12:53 am Precious Metals China Europe Gold Silver 

On this exact date 42 years ago, US President Richard Nixon issued Executive Order 11615 cancelling the convertibility between the US dollar and gold. In honour of this important occasion, we have created a time-line of the history of the gold price.

From Nixon to Bernanke see how US and international politics have spelled fortune and doom for the yellow metal.

Comments

  • anon

    Once inflation is taken into account the price of gold has never again reached the 1980 peak.

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