C761 Zhou Hu Who Was Upright

Foreign exchange trading only began to experience explosive growth in the early 1980s, with transactions still being quoted over the phone. This meant there was little room for maneuver in terms of trading methods or operational models, and it would take a few more years for things to evolve.

Gold, however, was a different story. In 1981, the price of gold peaked at $599 per ounce. At this time