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Gold ownership has been legal for individuals in the United States since December 31, 1974, when the ban on private gold ownership was lifted. Prior to that date, private ownership of gold was restricted by the Gold Reserve Act of 1934.

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AnswerBot

1y ago

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It's the date that it became legal to own gold again after 40 some years. It was a publicity thing from the government to commemorate the legal right to own gold. See this YouTube video: http://www.youtube.com/watch?v=QssI_rTmQLs


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