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  2. Tael - Wikipedia

    en.wikipedia.org/wiki/Tael

    Common weights were 50, 10, 5 and one tael. Before the year 1840 the government of the Qing dynasty had set the official exchange rate between silver sycees and copper-alloy cash coins was set at 1,000 wén for 1 tael of silver before 1820, but after the year 1840 this official exchange rate was double to 2,000 wén to 1 tael. [5]

  3. Ryō - Wikipedia

    en.wikipedia.org/wiki/Ryō

    The exchange rate fluctuated. A ryō of gold was worth 3 kan (3000) copper coins around the 1530s, or early Tenbun era [1] but fell to only somewhat stronger than the later fiexed notion of "1000 mon" (copper coins), i.e., 1 ryō = 1.2–1.6 kan, by late Tenshō era, or end of century. [2]

  4. Chinese customs gold unit - Wikipedia

    en.wikipedia.org/wiki/Chinese_customs_gold_unit

    hǎiguān jīn dānwèi duìhuàn quàn. The customs gold unit (CGU) was a currency issued by the Central Bank of China between 1930 and 1948. In Chinese, the name of the currency was 關金圓 (guānjīnyuán; lit. 'customs gold yuan') but the English name given on the back of the notes was "customs gold unit". It was divided into 100 cents ...

  5. The price of gold is at a record high. Here's why

    www.aol.com/news/price-gold-record-high-heres...

    Here's why. WYATTE GRANTHAM-PHILIPS. August 21, 2024 at 2:18 PM. NEW YORK (AP) — A gold rush is here. The precious metal hit an all time high this week. The spot price for gold closed Tuesday ...

  6. Sycee - Wikipedia

    en.wikipedia.org/wiki/Sycee

    A sycee[n 1] (/ ˈsaɪsiː, saɪˈsiː /; [2][1] from Cantonese 細絲, Jyutping: Sai3 Si1, lit. 'fine silk') [2][3] or yuanbao (traditional Chinese: 元寶; simplified Chinese: 元宝; pinyin: yuánbǎo; Jyutping: jyun4 bou2; Pe̍h-ōe-jī: Goân-pó; lit. 'primary treasure') was a type of gold and silver ingot currency used in imperial China ...

  7. Gold as an investment - Wikipedia

    en.wikipedia.org/wiki/Gold_as_an_investment

    The Dow Industrials bottomed out a ratio of 1:1 with gold during 1980 (the end of the 1970s bear market) and proceeded to post gains throughout the 1980s and 1990s. [53] The gold price peak of 1980 also coincided with the Soviet Union's invasion of Afghanistan and the threat of the global expansion of communism. The ratio peaked on January 14 ...

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