Final answer:
False. The statement that only the king could own gold nuggets limiting the supply of gold and maintaining its price is not true.
Step-by-step explanation:
False. The statement that only the king could own gold nuggets limiting the supply of gold and maintaining its price is not true. While it is accurate that in some historical periods, monarchs held a significant amount of gold and protected their wealth, it does not mean that only kings could own gold nuggets. Many individuals throughout history have owned and traded gold, and the supply and price of gold are determined by various factors beyond the control of a single entity like a king.