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Home>GoldWire>5 days before 40th anniversary : new record low of the US$ into Gold at 1/1813° of an ounce

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5 days before 40th anniversary : new record low of the US$ into Gold at 1/1813° of an ounce

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Published : August 11th, 2011

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Category : GoldWire

5 days before August 15, the 40^th anniversary of US President Richard Nixon’s speech announcing the end of the US dollar convertibility into Gold, the US dollar reached for the 14^th time this year a historical low when converted into Gold, at 1/813th of an ounce.

One year Chart of the US dollar measured in Gold

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