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What else can I help you with?
Why did south Africa adopt the gold standard?
Because it let them be on an equal playing field with the rest of the world. Gold had a set price that was the same all over the world and if everybody used it then everybodys currency was the same.
Who is the biggest consumer of gold?
India is the biggest consumer of gold in the world with reportedly 737 tones of gold by the year 1997 acoording to the world gold council.
How much is used gold worth?
The price of gold is constantly changing based on the demands. It does not matter whether the gold is new or used.
Why was demand for salt as high as gold at one time?
Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.
Difference between theclassical gold standard and gold exchange standard?
The international gold exchange standard was adopted by the world after World War II, under the Bretton Woods agreement. The gold price was fixed at $35 dollar per ounce. The paper dollars that the U.S. spent in trade with foreign nations were fully backed by gold. And foreign governments were allowed to return their citizens dollars to the U.S. in exchange for gold bullion in the U.S. Treasury. The personally owned gold of American citizens was confiscated. Citizens were forbidden to own gold between the years 1933 to 1975. The classical gold standard allowed American citizens to own gold and allowed gold to be used in commerce both domestically and overseas. The U.S. Mint was tasked to mint gold and silver coins to be used by the public. All paper currencies issued were fully backed and exchangeable for gold at the U.S. Treasury.
How is the element gold commercially used in the business world?
Gold can be used many different things. They can be used for the creation of coins, bullions, and jewelry. You will get better answers if you Google it.
Is gold used in the natural world?
Gold is not used in the natural world. Gold is a natural product but REFINED gold is done by man not nature.
What percentage of the world's gold is used to make jewelry?
Eighty percent of gold mined in the world is is used to make jewellery
How is lead used commercially in the business world?
I am used to make toys like dolls I am used to make strollers.Finally I am used to write with in pencils and mechanical pencils
Why is jewelry stamped cp-mk?
The cp part of the stamp means 'commercially pure'. Stamps are meant to be used to signify the purity level of the gold that is being purchased.
What is oxygen used commercially for?
for airlines
Is biodiesel used commercially?
Yes.
Can public domain content be used commercially?
Yes, public domain content can be used commercially without any restrictions or permissions needed.
What metal used in ICC world cup 2011?
Silver and Gold
How are surfactants used commercially?
the baby daddy
What is hydrogen is most commonly used commercially for?
Hydrogen is most commonly used commercially to produce hydrocarbons organic compounds such as sodium hydroxide (NaOH).
How is copper used commercially?
copper is used commercially for women to stick up there fannys and get really horny over then have sex with a big black man.
