Gold continued its upward trajectory in February, reaching a record high of $2,951.73 per ounce on February 24, driven by ...

The U.S. dollar abandoned the gold standard in 1971 under President Nixon. Now, the fiat currency derives its value based on ...

President Richard Nixon abandoned the gold standard in 1971. From that point on, the dollar has been backed not by precious ...

Gold prices edged higher on Monday to trade near their record peak, helped by a weaker U.S. dollar, while investors looked ...

In 1934, Roosevelt signed a proclamation fixing the official gold price at $35 a troy ounce. His action devalued the dollar ...

the dollar weakens, and gold prices often surge. For centuries, gold was the foundation of the global monetary system. It wasn’t just a commodity but a currency that backed the value of many ...

Feb. 12, 2025 (GLOBE NEWSWIRE) -- The American Federation Treasury proudly announces the official launch of the American Federation Dollar (AFD), a groundbreaking gold-backed digital currency ...

Discover why SPDR Gold Shares ETF is gaining investor interest amid economic concerns, rising debt, and GDP forecasts. Read ...

Kyrgyzstan launches a gold-backed stablecoin that prioritizes transparency, financial inclusion and real-world utility over ...

Gold touched a fresh record, as exchange-traded funds backed by the precious metal draw renewed interest from investors.