Gold price from 1980 to 2001. There was a downward trend in the gold price from 1980 to 2001. The US central bank limited the growth of the money supply to end economic stagnation. As a result, the economy slowly stabilized, and inflation was controlled. Under Democratic President Bill…Continue readingGold price in USA today (XAU/USD)
Tag: Gold price in currencies.
Gold price from 1980 to 2001. The gold price experienced a downward trend from 1980 to 2001 as the US Federal Reserve responded to economic stagnation by limiting money supply growth. While this initially led to a worsening recession and unemployment, it ultimately helped stabilize the economy and control…Continue readingGold price in Canada today (XAU/CAD)
Gold price from 1980 to 2001. From 1980 to 2001, the gold price was subject to a downward trend. The US Federal Reserve responded to the economic stagnation by limiting the growth of the money supply, which initially led to a worsening of the recession and unemployment, but ultimately…Continue readingGold price in Australia today (XAU/AUD)