What Happened on this day in History? 3/20/2012 10:52:56 AM 1933 U.S.A. Gold Compulsorily Purchased
9th March, 1933: President Franklin Roosevelt signs "United States Executive Order 6102" which prohibited the "hoarding" of privately held gold coins and bullion in the United States. The government required holders of significant quantities of gold to sell their gold at the prevailing price of $20.67 per ounce. Shortly after this forced sale, the price of gold from the treasury for international transactions was raised to $35 an ounce |

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