Preview Gold Rate.pdf

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1970 1975 1980 1985 1990 1995 2000 2005 2010

Gold Prices 1970-2012

Legend of Historical Events

1. Coinage Act of 1792. Gold is $19.39 per ounce, silver $1.29.

2. In 1861, Lincoln suspends convertibility of currency into gold.

3. In 1900, U. S. Gold Standard Act passed. Gold is $20.67.

4. On April 25th, 1933 America abandons classic gold standard.

5. In1944,theBrettonWoodsAccord,axedexchangegold

standard monetary system is established. Gold is $35.

6. OnAugust15th,1971NixonendstheBrettonWoodsxed

exchangegoldstandard,closinggoldwindow.Goldis$43.15.

7. OnJanuary1,1975Americancitizensareallowedtoowngold

again. Gold is $194 an ounce, silver $4.44.

8. On January 21, 1980, gold closes at $850 an ounce, the market

high for decades. Silver closes at $49.

9. TheTwinTowerscomedownSeptember11th,2001.Goldclosed

at$271.50thedaybefore.Silverwas$4.18.

10. In 2003, electronic trading funds (ETF’s) begin trading gold.

800-486-2858

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1792 1812 1832 1852 1872 1892 1912 1932 1952 1972

Gold Prices 1792-1973

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