Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
Miami, FL 33137
Toll Free: 888-419-7136
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Our customer privacy is our priority.
Over 30 Years Experience
Park Avenue has over 30 years
experience buying and selling
Rare Coin and Precious Metals.
We have the knowledge and
ability to provide our customers
with the best products and services.
Visualizing Gold Performance and U.S. Debt
6.12.23 - Visualizing Gold Performance and U.S. Debt
Gold last traded at $1,957 an ounce. Silver at $24.07 an ounce.
Visualizing Gold Price and U.S. Debt (1970-2023) -Visual Capitalist
Visualizing Gold Performance and U.S. Debt (1970-2023)
Gold has long been considered a store of value and a hedge against economic uncertainty.
Over the past five decades, its price has been closely intertwined with concerns surrounding the growing U.S. public debt.
The graphic above uses data from In Gold We Trust and the Federal Reserve Bank of St. Louis to explore the relationship between gold price and the U.S. national debt.
