Investor Glossary-gold standardInvestor Glossary-gold standardInvestor Glossary-gold standardInvestor Glossary-gold standardInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Gold Standard

The HTML to link to this page
 

A gold standard is a monetary system in which a fixed weight of gold becomes the store of monetary value. Under the gold standard, bank notes and coins can be exchanged for gold. If multiple countries follow a gold standard, their foreign exchange rates become fixed. The international gold standard emerged in the late nineteenth century following an extended period of monetary instability characterized by disruptions related to silver shortages and the gradual emergence of central banks. The stability subsequently following this international gold standard is credited with facilitating the first era of globalization prior to WWI. A gold standard of some form persisted for about a century, until the Bretton Woods agreement collapsed in the 1970s when the US stopped exchanging dollars for gold. A return to the gold standard has contemporary advocates. They claim the gold standard could help insulate the world economy from government monetary mismanagement.



Rate this gold standard definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: real GDP, per diem, APR, open position, ex-dividend date, current ratio, VIX, Zero Cost Collar, reverse mortgage, option premium, LIBOR, 1031 exchange, risk management, phantom income, cancelled check, FICO score, command economy, wholly-owned subsidiary, dividends payable, EBITDA, stock market close, balance sheet, deferred revenue, minority interest, irrevocable trust, deferred tax, required rate of return, 144a, FTSE, in escrow, limit order, stock split, implied volatility, debt service coverage, annual return, labor relations, quality assurance, ex-dividend, average price per share, inflation, 401a, 1035 exchange, class C shares, diluted share, margin rate, Key Rate Duration, retained earnings, liquidity ratio, covered put


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use