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- W2885207942 abstract "Gold prices have more than quadrupled since July 1978, in contrast to the substantial stability they have exhibited for over a century. The price of gold was $20.67 per ounce during most of the period from 1834 to 1933; in 1934 it was raised to $35.00 per The price remained at $35.00 until 1968, when the governments of the United States and several other nations terminated their efforts to peg the price. Gold prices then rose slowly, first reaching $100 in May 1973 and $200 in July 1978. Since then the price rise has accelerated, reaching $300 in July 1979, $400 in October 1979, $500 in December 1979, and $800 in January 1980. On January 18, 1980, gold sold in the London market for $835 per ounce." @default.
- W2885207942 created "2018-08-22" @default.
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- W2885207942 date "1980-01-28" @default.
- W2885207942 modified "2023-09-23" @default.
- W2885207942 title "The Surge in Gold Prices" @default.
- W2885207942 hasPublicationYear "1980" @default.
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