The real-time price of Brent crude oil is at $71.98 per barrel, and the price of WTI crude oil is at $68.64 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...
and so gold prices have mostly been quoted in USD ever since. The gold standard system lived on-and-off until the 1970s. Well before the gold standard system was introduced to value fiat currencies, ...