In 1973, the Smithsonian agreement was re-negotiated, widening the bands of fluctuation to +/- 4.5% and raising the official gold price to $42.22 per ounce.
In 1973, the Smithsonian agreement was re-negotiated, widening the bands of fluctuation to +/- 4.5% and raising the official gold price to $42.22 per ounce.