Wall Street responded negatively. Stocks, bond yields, and the dollar fell sharply, but gold prices surged.Conway G. Gittens reports from New York.
(Chicago) With the high demand for corn to produce ethanol, years of struggle are finally paying off for Illinois farmers, but you could end up paying the price. CBS 2`s Vince Gerasole reports. .
American sprint sensation Allyson Felix became only the second woman to win three gold medals at a single world championships when she helped the United States win the women`s 4x400-meter relay on Sunday. Felix teamed up with DeeDee Trotter, Mary Wineberg
Gold coin
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A Krugerrand gold coin from South Africa
Gold coins are one of the oldest forms of money. The first gold coins in history were coined by the Lydian king Croesus in about 560 BC, not long after the first silver coins were minted by king Pheidon of Argos in about 700 BC.
Gold coins then had a very long period as a primary form of money, only falling into disuse in the early 20th century. Most of the world stopped making gold coins as currency by 1933.
However, gold-colored coins (not made of real gold) have made a comeback in many currencies.
