However, your first source indicates a drop substantially less than half, so perhaps the chart I looked at is not correct?
For the price I was looking at an inflation adjusted chart. In constant dollars the price seems to have stayed the same. Typing this out I now realized this must have been the gold standard and my comment was completely incorrect on this point re: gold. The price fell in real terms as it was pegged.
https://upload.wikimedia.org/wikipedia/commons/thumb/6/6d/Wo...
However, your first source indicates a drop substantially less than half, so perhaps the chart I looked at is not correct?
For the price I was looking at an inflation adjusted chart. In constant dollars the price seems to have stayed the same. Typing this out I now realized this must have been the gold standard and my comment was completely incorrect on this point re: gold. The price fell in real terms as it was pegged.
https://upload.wikimedia.org/wikipedia/commons/thumb/f/ff/Go...