Tag Archives: gold

Price comparisons

Posted on September 28, 2013 by Oleg Volk

Just an idle thought: from 1900 to 1933, US dollar was worth roughly a pennyweight (1/20 troy ounce or 1.556 gram) of gold. As of today, gold trades for just under $43/gram. A dollar today buys about 67 times less … Continue reading →

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