Before and after the great depression, 1929
20.67 dollars per ounce gold rose from $35.
Roosevelt onstage and announced that people with no longer legal, holding gold
price nail in the executive order on $35 1
oz . The price maintains 37 years.
The 1970s stagflation and 1979 to 1982
economic crisis stage:
In 1979, after July crisis outbreak after
half a year from $277 gold price per ounce rose to $850 historical highs per
ounce; And after half a year after the experienced a cut further to times after
high $713 per ounce; Since all the way down to the crisis, three years after
the outbreak in June 1982 economic recovery, gold fell to the price of a crisis
near $289 per ounce.
Before the financial crisis in 1987 gold
price changes:
After the crisis, gold has risen to $500 is
a then per ounce above, a nearly five years. This price of gold until eight
years to occur again. With the market resumed after the upward trend, gold and
to enter into decline channels.
Before and after the southeast Asian
financial crisis in 1997 gold price changes:
Gold in a crisis, but in the kingdom
soaring prices have risen by international gold as the crisis is not big, then
the exterminates, gold continue to fall in 1999 and a $250 / ounces of low.
The 2000 us before and after the dotcom
bubble gold price changes:
The fed using interest rates to inject lots
of liquidity tool, a move that economies delayed the economic crisis of the
outbreak, but low interest rates expedites the real estate market this big
bubble, thus for turning gold also drew another nearly 10 years of the bull
market.
In 2007, the U.S.
August 07 is $700 per ounce, on March 17,
rising gold rise so far round cycle of $high 1032 per ounce; After repeated
oscillation 08 October set gold was beginning its largest monthly decline, and
repeated rise, yet breakthrough 1500 dollars.
