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  2. Krugerrand - Wikipedia

    en.wikipedia.org/wiki/Krugerrand

    The legend is inscribed with "KRUGERRAND" and the gold weight. The Krugerrand ( / ˈkruːɡərænd /; [ 1] Afrikaans: [ˈkry.ərˌrant]) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. [ 2][ 3] The name is a compound of Paul Kruger, the former ...

  3. Nixon shock - Wikipedia

    en.wikipedia.org/wiki/Nixon_shock

    The Nixon shock was the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold, taken by United States President Richard Nixon on 15th August 1971 in response to increasing inflation. [ 1][ 2 ...

  4. United States Bullion Depository - Wikipedia

    en.wikipedia.org/wiki/United_States_Bullion...

    Today it is known to hold ten 1933 Double Eagle gold coins, a 1974-D aluminum penny, and twelve gold (22-karat) Sacagawea dollar coins that flew on the Space Shuttle Columbia, specifically STS-93 in 1999. The depository is a secure facility. Between its fenced perimeter and granite-lined concrete structure lie rings of razor wire.

  5. Gold as an investment - Wikipedia

    en.wikipedia.org/wiki/Gold_as_an_investment

    Gold as an investment. A Good Delivery bar, the standard for trade in the major international gold markets. Size of a 100 gram gold bar - packaged inside an assay for proof of authenticity - compared to a playing card. Of all the precious metals, gold is the most popular as an investment.

  6. Doré bar - Wikipedia

    en.wikipedia.org/wiki/Doré_bar

    Doré bar. A doré bar is a semi-pure alloy of gold and silver. It is usually created at the site of a mine and then transported to a refinery for further purification . The proportions of silver and gold can vary widely. Doré bars weigh as much as 25 kg. During the 19th century gold rushes, gold nuggets and dust were melted into crude gold ...

  7. Executive Order 6102 - Wikipedia

    en.wikipedia.org/wiki/Executive_Order_6102

    Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve in exchange for $20.67 (equivalent to $487 in 2023) [ 6 ] per troy ounce. Under the Trading with the Enemy Act of 1917, as amended by the recently passed ...

  8. Gold reserve - Wikipedia

    en.wikipedia.org/wiki/Gold_reserve

    A gold reserve is the gold held by a national central bank, intended mainly as a guarantee to redeem promises to pay depositors, note holders (e.g. paper money ), or trading peers, during the eras of the gold standard, and also as a store of value, or to support the value of the national currency . The World Gold Council estimates that all the ...

  9. Bullion - Wikipedia

    en.wikipedia.org/wiki/Bullion

    Bullion. Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from the Anglo-Norman term for a melting-house where metal was refined, and earlier from French ...

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