11 days before August 15, the 40th anniversary of US President Richard Nixon’s speech announcing the end of the US dollar convertibility into Gold, the US dollar reached for the 10th time this year a historical low when converted into Gold, at 1/1672th of an ounce.
- J – 11 : August 3, 2011 : 10th lowest price of 2011 at 1.672
- J – 12 : August 2, 2011 : 9th lowest price of 2011 at 1.661
Price of US dollar expressed in ounces of Gold since Sept, 2010
