85 years ago today, gold and US dollar traders got a jolt - ConsultFX

85 years ago today, gold and US dollar traders got a jolt

On June 5, the US ended the gold standard From 1879 to 1933 holders of the US dollar could exchange it for gold but the great depression led to hoarding and the policy became untenable. It was ended on June 5, 1933 by FDR.