When did the government make it legal again to buy anfd own Gold?

Question

1933 executive order by the president basically forced americans to turn in all there gold to the government...

So the question is when did it become legal again to buy and own gold?

Answer 1

The limitation on gold ownership in the U.S. was repealed after President Gerald Ford signed a bill legalizing private ownership of gold coins, bars and certificates by an act of Congress codified in Pub.L. 93-373 [1] [2] which went into effect December 31, 1974. P.L. 93-373 does not repeal the Gold Clause Resolution of 1933, which makes unlawful any contracts which specify payment in a fixed amount of money or a fixed amount of gold. That is, contracts are unenforceable if they use gold monetarily rather than as a commodity of trade.

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Answer 2

January 1, 1975!