"Back to glossaryThe Gold Standard is a monetary system in which money is defined in reference to a fixed weight of gold.
Each national currency is freely convertible into gold. To guarantee this convertibility, the quantity of
currency issued by the central bank is strictly limited by its gold reserves. Settlements between countries are made in gold.
As each national currency is fixed in gold weight, the exchange rate between two currencies is fixed, and equal to the
ratio between the respective gold weights.
Years of adoption of the Gold Stallion
- 1871: Germany
- 1873: Latin Monetary Union (France, Italy, Switzerland, Belgium, Greece)
- 1873: United States
- 1875: Denmark, Norway and Sweden
- 1875: Netherlands
- 1876: France
- 1876: Spain
- 1878: Serbia
- 1879: Austria
- 1893: Russia
- 1897: Japan
- 1898: India
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Rédaction GOLDMARKET
GOLDMARKET's editorial team is made up of precious metals experts, journalists and editors with a passion for gold and the wider economy. We also bring in specialist lawyers and experts on technical subjects relating to gold.
Based on the Avenue des Champs-Elysées, the family-owned GOLDMARKET Group, a major player in precious metals, is present throughout France and
and internationally. For years, thousands of loyal customers have trusted us to sell their gold objects online or in our branches, or to invest in gold in complete security.
Our experts, skilled and passionate about their profession, will advise you and answer all your questions about precious metals.
Trust and transparency are the core values of our business. They have guided our growth and development since the company was founded.
Finally, customer satisfaction is our priority, and we are committed to welcoming you in the best possible conditions.
Our team will be delighted to help you achieve your financial goals and build a golden estate that's just right for you.
