HistoryAugust 15, 1971: The Day the Dollar Stopped Being Gold
Nixon's televised announcement closed the gold window and ended Bretton Woods. The repricing that followed reshaped global finance for the next half-century.
May 8, 2026
HistoryNixon's televised announcement closed the gold window and ended Bretton Woods. The repricing that followed reshaped global finance for the next half-century.
Gold MarketsEveryone knows gold and the dollar move opposite each other — until they don't. Here is the mechanical reason, the historical exceptions, and how to use the relationship.