[VIDEO] “Gold backing” of the dollar
Gold and the dollar are considered to be rivals, but it was the precious metal that helped the US currency to take leading positions in the international market. Over the years of confrontation, their competition has evolved in different ways, but the fact remains the same: thanks to a solid gold base, the dollar has become the main currency in the world economy.
How did “gold backing” help the dollar gain power?
Click the button and find out what history teaches us.
Published: 28.08.2023
RELATED NEWS
![[VIDEO] Why do African countries choose gold?](https://f01.gig-os.com/47/65/0b/58/a3/47650b58a311abd20652f08dea66a0f2_5.webp?1 "[VIDEO] Why do African countries choose gold?")
![[VIDEO] Professional investors from the US and Canada choose gold!](https://f01.gig-os.com/cd/89/85/26/d2/cd898526d28c227d2662706c89907278_5.webp?1 "[VIDEO] Professional investors from the US and Canada choose gold!")
![[VIDEO] Why billionaires are investing in gold en masse: 4 examples](https://f01.gig-os.com/da/49/f9/0b/cc/da49f90bcc1aad96458df8c01ec1724f_5.webp?1 "[VIDEO] Why billionaires are investing in gold en masse: 4 examples")
![[VIDEO] “Battle for the golden crown”: can Singapore overtake Switzerland?](https://f01.gig-os.com/95/b4/81/63/f6/95b48163f62295d19a14adb63283b13f_5.webp?1 "[VIDEO] “Battle for the golden crown”: can Singapore overtake Switzerland?")
![[VIDEO] Gold has surpassed the euro: new trends in the global econom](https://f01.gig-os.com/fc/57/0f/39/19/fc570f3919be493ff27abdaedb0a885b_5.webp?1 "[VIDEO] Gold has surpassed the euro: new trends in the global econom")
![[VIDEO] The role of gold in the development of artificial intelligence](https://f01.gig-os.com/08/fa/4f/8c/7b/08fa4f8c7bfda4df1b0d93eba508d278_5.webp?1 "[VIDEO] The role of gold in the development of artificial intelligence")
![[VIDEO] Should you buy gold in 2024?](https://f01.gig-os.com/9f/84/c1/7c/42/9f84c17c4290fecfe2b9f84801720a23_5.webp?1 "[VIDEO] Should you buy gold in 2024?")
![[VIDEO] How does gold change the world?](https://f01.gig-os.com/3a/c5/fd/0b/61/3ac5fd0b618cc9c935d7b9a47204469d_5.webp?1 "[VIDEO] How does gold change the world?")
![[VIDEO] Will the price of gold continue to rise? Expert forecasts for 2024](https://f01.gig-os.com/4d/49/a6/dc/3a/4d49a6dc3a3069ba680b0a4fe9b96404_5.webp?1 "[VIDEO] Will the price of gold continue to rise? Expert forecasts for 2024")
![[VIDEO] TOP gold mining countries](https://f01.gig-os.com/ae/79/3a/28/7d/ae793a287dc3724e8f47cd30975d6e09_5.webp?1 "[VIDEO] TOP gold mining countries")