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D – 12 days – 9th record lowest price this year for US dollar in Gold

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Published : August 03rd, 2011

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FOLLOW : 1971

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Category : GoldWire

12 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 9^th time this year a historical low when converted into Gold, at 1/1661th of an ounce.

Price of US dollar expressed in ounces of Gold since August 15, 1971

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