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标题:The blistering rally in gold augurs ill for the power of the dollar

Central banks are shifting away from the greenback

正文：Not long ago gold seemed to have lost its lustre. In the decades after President Richard Nixon abandoned the gold standard in 1971, the yellow metal fell out of favour with central banks, which hoarded their reserves in dollars instead. In the 1980s and 1990s investors and households grew weary of its miserly returns. Goldbugs were dismissed as eccentric doom-mongers. Gold was alluring when forged into a shiny bauble and useful in specialist manufacturing, but it was hardly a serious financial asset.

知识点：lustre n. /ˈlʌstə(r)/

1. the shining quality of a surface光泽；光辉

• Her hair had lost its lustre.她的头发失去了光泽。

2. the quality of being special in a way that is exciting荣光；光彩；荣耀

• The presence of the prince added lustre to the occasion.王⼦的出现给那场⾯增添了光彩。

解决这些问题的⾸要原因是为了挽救孩⼦们的⽣命。

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