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  2. Gold as an investment - Wikipedia

    en.wikipedia.org/wiki/Gold_as_an_investment

    Gold prices (US$ per troy ounce), in nominal US$ and inflation adjusted US$ from 1914 onward. Price of gold 1915–2022 Gold price history in 1960–2014 Gold price per gram between Jan 1971 and Jan 2012. The graph shows nominal price in US dollars, the price in 1971 and 2011 US dollars.

  3. The Gold (Control) Act, 1968 - Wikipedia

    en.wikipedia.org/wiki/The_Gold_(Control)_Act,_1968

    Gold price history in 1960–2014. When the inflation adjusted gold value is examined, gold is not an inflation hedge but crisis hedge. [5] [6] Some times, gold price apparently looks lower in US$ value but its price compared to corresponding crude oil price can be exceeding 25 times far higher than long term average of 15 times. [7]

  4. Nixon shock - Wikipedia

    en.wikipedia.org/wiki/Nixon_shock

    The Nixon shock was the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold, taken by United States President Richard Nixon on 15th August 1971 in response to increasing inflation.

  5. 1970s commodities boom - Wikipedia

    en.wikipedia.org/wiki/1970s_commodities_boom

    The United States weaned itself off the gold standard in the 1970s, allowing the price of gold to float. The price of gold went from a set exchange rate of $42.22 per troy ounce in 1973 to almost $200 per ounce in 1976. [9] [verification needed] Price of gold 1915-2022

  6. How Much Is a Gold Bar Worth?

    www.aol.com/much-gold-bar-worth-210716359.html

    As of Oct. 26, 2023, the price of 1 gram of gold is $64.16, whereas a gold bar that weighs a kilogram would fetch $64,160.67. How much is a 1-pound gold bar worth?

  7. Why are gold prices hitting record highs?

    www.aol.com/why-gold-prices-hitting-record...

    The price of gold climbed to an all-time high on Friday as uncertainty about conflict in the Middle East and the U.S. presidential election sent investors in search of a safe haven. The monthslong ...

  8. 2000s commodities boom - Wikipedia

    en.wikipedia.org/wiki/2000s_commodities_boom

    Gold price per troy ounce in USD since 1960, in nominal US$ and inflation adjusted in 2012 US$. There was a sharp shift in the prices of gold and, to a lesser extent, both silver and platinum . Prices were at or near an all-time high in late 2010 due to people using the precious metals as a safe haven for their money as both the de facto value ...

  9. Gold touches new high to hold above $2,700 per ounce

    www.aol.com/finance/gold-touches-high-hold-above...

    Gold futures jumped to a new high of $2,706 per ounce during Thursday's session, giving credence to bulls who claim the precious metal rally isn’t over. Spot gold also rose to a new high north ...

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