![]() 2011: Gold reaches a historic high of $1924 per troy ounce only 10 years after trading at $250.1980: The value of gold reaches a new high at $837 per troy ounce.1970: Gold begins to trade at around $40-42 per troy ounce.1944: Adopted by Bretton Woods at $35 per troy ounce.All gold held by the Fed had title transferred to the U.S. 1934: The Gold Reserve Act passed Congress in just five days.1933: President Roosevelt signed Presidential Executive Order 6102 making it unlawful to own gold coins, gold bullion, or gold certificates.1837-1933: The value of one troy ounce of gold remained $20.67 for 96 years.One troy ounce of gold was now worth $20.67. ![]()
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