Britain Buys S.A. Gold
(N.Z.P.A.-Reuter—Copyright) LONDON, Aug. 28.
Britain resumed buying South African gold on a large scale in July, Importing standard bars worth £3sm-
It was in mid-March that the international gold pool ended its operations. Britain, traditionally the main gold bullion market of the world, later joined in talks held by Western central bankers about a new form of “paper gold,” special drawing rights and other forms of international credit.
Britain’s gold imports totalled £361.1m last month. So far this year she has imported £so2m worth from the United States and £73.1m worth from South Africa.
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Bibliographic details
Press, Volume CVIII, Issue 31771, 30 August 1968, Page 11
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98Britain Buys S.A. Gold Press, Volume CVIII, Issue 31771, 30 August 1968, Page 11
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