When did the gold standard end in the us?
No context provided
When did the gold standard completely end in the us?
August 15, 1971 1971 August 15
During the Great Depression, every major currency abandoned the gold standard. Among the earliest, the Bank of England abandoned the gold standard in 1931 as speculators demanded gold in exchange for currency notes or in settlement of debts, threatening the solvency of the British monetary system. This pattern repeated throughout Europe and North America. In the United States, the Federal Reserve was forced to raise interest rates in order to protect the gold standard for the US dollar, worsening already severe domestic economic pressures. After bank runs became more pronounced in early 1933, people began to hoard gold coins as distrust for banks led to distrust for paper money, worsening deflation and depleting gold reserves.
When did the gold standard begin to end in the us?
1933
History of the United States dollar
The gold standard was suspended twice during World War I, once fully and then for foreign exchange. At the onset of the war, U.S. corporations had large debts payable to European entities who began liquidating their debts in gold. With debts to Europe falling due, the dollar to (British) pound sterling exchange rate reached as high as $6.75:£1, far above the nominal (gold) parity of 4.8665:1. This caused large gold outflows until July 31, 1914, when the New York Stock Exchange closed and the gold standard was temporarily suspended. In order to defend the exchange rate of the dollar, the US Treasury Department authorized state and nationally chartered banks to issue emergency currency under the Aldrich-Vreeland Act, and the newly created Federal Reserve organized a fund to assure debts to foreign creditors. These efforts were largely successful, and the Aldrich-Vreeland notes were retired starting in November and the gold standard was restored when the New York Stock Exchange re-opened in December 1914.
When did the gold standard end temporarily in the us?
twice during World War I During the Great Depression
History of the United States dollar
History of the United States dollar
https://en.wikipedia.org/wiki/History%20of%20the%20United%20States%20dollar
Gold standard
https://en.wikipedia.org/wiki/Gold%20standard
Initially defined under a bimetallic standard in terms of a fixed quantity of silver or gold, it formally adopted the gold standard in 1900, and finally eliminated all links to gold in 1971.
History of the United States dollar
In early 1933, in order to fight severe deflation, Congress and President Roosevelt implemented a series of Acts of Congress and Executive Orders which suspended the gold standard except for foreign exchange, revoked gold as universal legal tender for debts, and banned private ownership of significant amounts of gold coin.
History of the United States dollar The Gold Reserve Act
The suspension of the gold standard was considered temporary by many in markets and in the government at the time, but restoring the standard was considered a low priority to dealing with other issues.[12][15]
History of the United States dollar The Gold Reserve Act
There was great debate about what Nixon should do, but ultimately Nixon, relying heavily on the advice of the self-confident Connally, decided to break up Bretton Woods by announcing the following actions on August 15:[13][14][15]

Nixon directed Treasury Secretary Connally to suspend, with certain exceptions, the convertibility of the dollar into gold or other reserve assets, ordering the gold window to be closed such that foreign governments could no longer exchange their dollars for gold.
Nixon shock Event
The United States formally adopted the gold standard in 1900. The gold standard was suspended twice during World War I and then during the Great Depression when every major currency abandoned the gold standard. In early 1933, in order to fight severe deflation, Congress and President Roosevelt implemented a series of Acts of Congress and Executive Orders which suspended the gold standard except for foreign exchange, and while the suspension of the gold standard was considered temporary by many in markets and in the government at the time, restoring the standard was considered a low priority to dealing with other issues. The United States finally eliminated all links to gold on August 15, 1971, when President Richard Nixon directed Treasury Secretary Connally to suspend, with certain exceptions, the convertibility of the dollar into gold or other reserve assets, ordering the gold window to be closed such that foreign governments could no longer exchange their dollars for gold .