How much is it worth to buy 10,000 pieces of gold in 1980?

Updated on collection 2024-03-01
29 answers
  1. Anonymous users2024-02-06

    The average in the 1980s was about $350 an ounce, to the present****It has risen to an average of $2,900 an ounce, which is equivalent to an eightfold increase, and is now worth about $80,000.

    Internationally, the pricing of ** and the pricing law of all commodities is the same, according to the supply and demand to adapt to the needs of the market, so as to obtain **. In general, **** generally refers to the pricing in London, England. In 1980, the average price of the London pricing table was $350 an ounce, and as the economy grew and the scarcity became smaller, the price continued to rise, and to this day, the price has risen to $2,900 an ounce.

    If this change alone, the ** of ** is roughly about 8 times, then the ** of 10,000 yuan in 1980 is about 80,000 yuan now, but if you want a more accurate result, you should also consider the exchange rate changes and the fluctuation of ****.

    If you consider the fluctuation of the upper ****, then the main factors that affect the ** are these: the real supply and the ** demand; The international political situation, which mainly refers to geopolitics.

    risk factors; The U.S. dollar and the U.S. economy. ** is denominated in US dollars, so whether the US dollar appreciates or depreciates has a direct impact on ****; U.S. Dollar Index.

    The dollar index is the exchange rate change between the US dollar and the currencies of major countries, which indirectly reflects the trend of the US dollar; ** Hype.

    Under many factors, there may be large fluctuations in the year, and according to the data that has appeared so far, the international rally is about 2550 US dollars more than in 1980At that time, the ** worth 10,000 yuan has now reached more than 80,000 yuan.

  2. Anonymous users2024-02-05

    In 1980, the international gold price averaged about 650 US dollars per ounce, and at the exchange rate in 1980, 1 US dollar was exchanged for RMB, so 10,000 yuan at that time was equivalent to: 10,000 = 6,535 US dollars, and you could roughly buy 10 ounces of **. Based on the real-time gold price in 2019, the value is 85,659 yuan.

  3. Anonymous users2024-02-04

    According to the exchange rate of 1980, the price of gold was 350 US dollars per ounce, so at that time, 10,000 yuan could buy about 10,000 ounces, which was about equal to ounces, and the current exchange rate was that the gold price was 2,900 US dollars per ounce, so the ** value at that time was about equal to RMB yuan. Of course, the above is only calculated based on the approximate exchange rate and gold price, if you need to look at the gold price and exchange rate at the specific time.

  4. Anonymous users2024-02-03

    If it was 10,000 yuan, it would be worth less than 100,000 yuan now. **The value preservation function is still good.

  5. Anonymous users2024-02-02

    In 1980, I bought 10,000 yuan**, and now it can be said that it can be worth a lot of money, and it can be nearly 10 times more**.

  6. Anonymous users2024-02-01

    In the 80s, I spent 10,000 yuan to buy **, and if I save it today, this batch of ** is probably worth it.

    Eighty or ninety thousand dollars.

  7. Anonymous users2024-01-31

    It should be worth a lot of money, and now**it is more than 400 a gram, and **there has always been room for appreciation.

  8. Anonymous users2024-01-30

    This depends on how much the ** piece you buy, and it can be directly converted to the current ****.

  9. Anonymous users2024-01-29

    The value of ** is not eternal, it is always changing, if you want to see how much it is worth, it is estimated that you can only take the average value of a time period.

  10. Anonymous users2024-01-28

    Hello, it is a pleasure to serve you and give you the following answer: in the 1980s**per gram** was about 200-250 yuan. Reason:

    The 1980s was a period of financial crisis, with uneven global economic development, currency depreciation, inflation, and increased investor demand for **, which drove ******. Workaround:1

    Strengthen the implementation of fiscal policy, improve the economic environment, stabilize the value of the currency, reduce inflation, and thus curb ******. 2.Strengthen financial supervision, restrict speculation, and avoid excessive speculation by investors, so as to reduce the pressure on ******.

    3.Strengthen the supervision of the market, improve the market order, and stabilize the market, so as to reduce the pressure on the ******. Personal Tips:

    1.When investing, it is necessary to fully understand the market and grasp the changing trend of the market, so as to adjust the investment strategy in time and avoid investment risks. 2.

    When investing**, it is necessary to pay attention to controlling risks and not to speculate excessively to avoid heavy losses. 3.When investing, it is necessary to note that Shiyi grasps the opportunity and sells it in time to obtain the greatest return.

  11. Anonymous users2024-01-27

    In 1980, the salary was 20-50 a month, and ** was about 29 yuan a gram, so a month's salary could only buy one gram**, and at that time, the purchase of ** needed to use foreign exchange coupons, first popularize foreign exchange volumes for everyone.

    The full name of foreign exchange is "foreign exchange".

    Certificate) is a kind of circulation in the People's Republic of China issued by the Bank of China on April 1, 1980, and in the era of material scarcity, foreigners can exchange foreign currency for "foreign exchange coupons" in China, and go to special locations, such as friendship stores, to buy goods that cannot be purchased by RMB at that time, and at the same time, foreigners can exchange the unused foreign exchange rolls into US dollars and take them out of China when they leave China. This is a short-lived thing in a certain historical period, and with the development of China's economy, the increase in commodities and the influx of foreign investment, the role of foreign exchange rolls is becoming smaller and smaller.

    But let's assume this:

    We take the average **612 US dollars ounce in 1980 to calculate, then 1 gram** is almost equal to the US dollar, and the exchange rate of RMB to US dollars that year is, then 1 gram** is almost equal to RMB yuan, 10,000 yuan can buy 341 grams ** at that time**.

    Taking the Asian session on April 1, 2021 as a reference, the spot is in a narrow range, trading around 1706. And 1 ounce = gram, that is, now 1 gram** is almost in US dollars, and the current 1 US dollar in RMB, that is, 1 gram** needs yuan. The 341 grams** in our hands are worth about the same amount of dollars.

    So, is buying** better than making a bank deposit?

    At that time, investment and wealth management were basically deposited in the bank, such as investment in real estate or others, and the phenomenon of house buying and selling only appeared in Beijing at the end of the 80s. Some experts have calculated that if 10,000 yuan was deposited in a bank in 1980, more than 60,000 yuan could usually be withdrawn. If it is a five-year fixed savings, plus a value preservation subsidy, the maximum is not more than 100,000 yuan.

    From the perspective of income, the income of purchasing ** is better than that of bank savings, and the difference between the two is not large.

    From the actual situation, it was not practical to invest in real estate at that time, and it was not realistic to invest in real estate. Let's just think about it.

  12. Anonymous users2024-01-26

    No need to exchange dollars, no need to buy any house, 80 years just issued monkey tickets, a total of 5 million, if you are sure that you can travel back, you can buy a total of 125,000, a version of 80, a total of you have a version, each version of the current price of 1.5 million, you at least now have more than 2.2 billion assets, 220,000 times the return, of course, you can also learn some private enterprises to start with 10,000 yuan, probably not less than this return, you in 80 years even if you buy a house in Beijing First Ring, Shanghai Xiafei Road Pudong, there is no return, But you can bear is the premise, I once had a single (10 pieces), a double (4 pieces) a quadruple (4 pieces) and an 8 pieces (16 pieces), let me have 4 pieces a piece in 86 years, 6 pieces a piece in 88 years, between a thousand and two thousand in the 90s, and now only one memory remains.

  13. Anonymous users2024-01-25

    At that time, it was more than 30 yuan a gram, and now more than 380 yuan a gram is calculated, about 100,000 yuan, which has increased at least tenfold.

  14. Anonymous users2024-01-24

    Ten thousand in the eighties is equivalent to two million purchasing power now.

  15. Anonymous users2024-01-23

    In 1980, the ** was about 50 yuan a gram.

  16. Anonymous users2024-01-22

    If you buy ** with 10,000 yuan at that time, it is not worth much now, and such an investment is not necessary.

  17. Anonymous users2024-01-21

    More than 20 years ago, it was the cheapest, 200 yuan a penny.

  18. Anonymous users2024-01-20

    At that time, there were not many people who could have a deposit of 10,000 yuan, and everyone's general salary income was between 20 yuan and 50 yuan. 10,000 yuan can be bought in Beijing, at least the life in the future is not to worry about at all, the value is immeasurable now, but it is certain that the next few generations will not worry about life.

  19. Anonymous users2024-01-19

    You have to buy forty or fifty kilograms**. The common people are only a few taels at most. A little more is one or two kilograms.

  20. Anonymous users2024-01-18

    The saddest thing in life is that people die and the money is not spent. At that time, there were 10,000 yuan, and now I just want to say that.

  21. Anonymous users2024-01-17

    It's certainly not as much appreciated as buying a house.

  22. Anonymous users2024-01-16

    Ignorance. But in 80 years, you can buy a good house in any first-tier city with 10,000 yuan.

  23. Anonymous users2024-01-15

    How much does it cost to buy Moutai now?

  24. Anonymous users2024-01-14

    Interesting? If you bought 10,000 yuan 5,000 years ago, how much is it worth now?

  25. Anonymous users2024-01-13

    1980 was the second year of reform and opening up. At that time, there were not many people who could save 10,000 yuan. Generally speaking, everyone's income is between 20 yuan and 50 yuan, and a deposit of 10,000 yuan can be called a "10,000 yuan household", which is a clear sign of a wealthy person.

    If you bought ** with that $10,000, how much would it be worth now?

    1980 was the second year of reform and opening up. At that time, there were not many people who could save 10,000 yuan. Generally speaking, everyone's income is between 20 yuan and 50 yuan, and a deposit of 10,000 yuan can be called a "10,000 yuan household", which is a clear sign of a wealthy person.

    If you bought ** with that $10,000, how much would it be worth now?

    Affected by the international situation, the **** in 1980 fluctuated greatly. As you can see from the chart below, the highest is $850 ounces, the lowest is $ ounces, and the annual average is $612 ounces. Take the average ** calculation, then 1 gram** is almost equal to the US dollar, the exchange rate of RMB against the US dollar in the current year, and then 1 gram** is almost equal to the yuan RMB, 10,000 yuan, you can buy 341 grams**.

    That is to say, since 1980, we have used 10,000 yuan to buy **, and today's value is only about 110,000 yuan, 11 times in 39 years, and the annual rate of return is about, which can only be said to be neither high nor low. What happens if I deposit that $10,000 in the bank? As you can see from the chart below, the average return over the 39-year period is about the same as buying**, rather than beating inflation.

    On the surface, we seem to have done it with the original investment of 10,000 yuan to buy **, and now the value of 110,000 yuan seems to have been achieved, but thinking about the 10,000 yuan in 1980 and the current 10,000 yuan purchasing power is very different, completely different from these two concepts. You may have heard the story of a man who has a courtyard house in Beijing. After selling tens of thousands, he went to work abroad.

    He worked hard for decades and made millions of dollars. From this, we can also see that buying** and keeping money in the bank is not the best way to manage money.

    In 1980, if we invested the 10,000 yuan in real estate or started a business, the success rate was quite high in the entrepreneurial environment at that time, and personal assets have increased hundreds of times by now. Of course, we're talking about hindsight now, because we look at the history of the past with the eyes of the present. If we were in the environment at the time, most people would still choose to keep their money in the bank.

  26. Anonymous users2024-01-12

    Purchased in 1980 for 10,000 RMB**. Now it's worth $110,000. Although it seems that we have made money, the current prices are really earth-shaking compared to before.

  27. Anonymous users2024-01-11

    So far, in fact, it has not risen much. The value is about 110,000 yuan. A lot of people probably invest in real estate at that time.

  28. Anonymous users2024-01-10

    The current value should be about 110,000 yuan, which has risen by eleven times the price and made a lot of money.

  29. Anonymous users2024-01-09

    1 = 50 grams, 1 tael of ** ** between 13,000-14,500 yuan. /

    **It is a way of investment and financial management. According to the recent market, 1 gram is between 260-290 yuan, and 1 gram = tael, so 1 tael = 50 grams, and 1 tael is between 10,000 yuan.

    It should be reminded that **** changes in real time. When investing, it is best to grasp the trend of ** and understand the factors that affect the fluctuation of gold prices, such as the international political situation, the central bank's reserve policy, the trend of the US dollar, oil**, etc.

    Extended Information: Notes:

    Generally speaking, there are large banks, jewelry stores, and specialized physical gold stores. Take the big banks, for example. For the purchase of physical goods**, they charge a fee of varying amounts.

    And if the purity of the ** cannot be proved when repurchase, they will also charge appraisal fees, loss fees, etc. These costs add up to a considerable amount.

    Many investors saw the **** drop some time ago and felt that it was okay to buy profits at this time. However, as we all know, there is a special cycle. Although this cycle is related to the U.S. dollar index, if you are not a professional investment researcher, the return on investment will often not catch up with the bank's fixed deposit income.

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