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Micro Gold Futures | How to Trade Physical Gold in Smaller Increments

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This article on Micro Gold Futures is the opinion of Optimus Futures. Nearly 50 years ago, Nixon upended global gold markets. Facing inflation, high unemployment, and risk to US gold reserves, in 1971, President Nixon instituted several measures dubbed the “Nixon shock.” The most important of the resulting actions was the suspension of the direct international convertibility of the US dollar into gold. Effectively, the gold standard, which directly linked a country’s currency to a fixed exchange rate for gold, was over. Following this divorce, gold and currency have generally held an inverse relationship, leading some traders to use gold…

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