Back when coins were minted with silver and gold and the value of a coin was based on the amount of precious metals was in the coin, how did they deal with the fluctuations in the metals price?

by Ekooing
bboy7

As an addendum: which metals were considered fit to be alloyed with gold, given that pure gold is so soft?

EDIT: gold is not brittle. What the hell, brain. Gold is soft.