Gold Price Rises
( N.Z.P. .4. -Reuter—Copyright)
LONDON, October 13.
The price of gold, which weakened recently after further sales of Soviet gold to the international gold pool, rose slightly in London today. A bigger demand sent the price up a half-penny to 250 shillings and sixpence a fine ounce.
The pool is managed by the Bank of England on behalf of eight leading monetary nations.
Experts believe Moscow may have sold 300 tons of gold worth about 340 million dollars over the three-month period August to October.
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Bibliographic details
Press, Volume CIV, Issue 30882, 15 October 1965, Page 17
Word Count
87Gold Price Rises Press, Volume CIV, Issue 30882, 15 October 1965, Page 17
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