U.S. Gold Policies: Executive Order 6102 and the Gold Reserve Act (1933–1934)

1. Bank runs intensify and gold drains accelerate

   Mar 1, 1933Labels: Bank runs, Gold reserves

   • FedHistory
   • LOCGuides

2. Roosevelt proclaims nationwide bank holiday

   Mar 6, 1933Labels: Franklin D, Bank holiday

   • Presidency

3. Emergency Banking Act expands federal authority

   Mar 9, 1933Labels: Emergency Banking, Congress

   • FedHistory
   • Presidency

4. Executive Order 6102 requires surrender of monetary gold

   Apr 5, 1933Labels: Executive Order, Private gold

   • Presidency
   • FedHistory

5. U.S. suspends gold standard convertibility

   Apr 20, 1933Labels: Gold convertibility, Roosevelt administration

   • FedPaper
   • History

6. Congress voids gold clauses in contracts

   Jun 5, 1933Labels: Gold clauses, Joint Resolution

   • GAO
   • USMint

7. Executive Order 6260 replaces and broadens gold controls

   Aug 28, 1933Labels: Executive Order, Gold controls

   • Presidency

8. Gold Reserve Act transfers monetary gold to Treasury

   Jan 30, 1934Labels: Gold Reserve, U S

   • FedHistory

9. Exchange Stabilization Fund is created and funded

   Jan 30, 1934Labels: Exchange Stabilization, Treasury

   • FedHistory
   • OLC

10. Gold Reserve Act sets new official gold price

    Jan 31, 1934Labels: Gold revaluation, Official gold

    • FedHistory

11. Supreme Court upholds gold-clause policy in 1935 cases

    Feb 18, 1935Labels: Supreme Court, Gold Clause

    • Oyez
    • Britannica

12. Gold ownership restrictions end, reshaping the policy legacy

    Dec 31, 1974Labels: Gold ownership, Congress 1974

    • USMint