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AMERICAN GOLD BUYING.

Samuel Montague and Co., London, bullion brokers, reporting on November 1, remarked that "so far the new development (United States purchase o£ gold) has not affected the London market, although the equivalent of the prices announced in the United States have been very much, above the London quotation!?." British gold imports for one week, October 23 to October 30, were of the value of £4,948,222, and exports for the, same period were £586,208. Imports included £1,138,227 from British South Africa and £1.523,369 from India. The same firm noted as at November 1 that amounts of gold offered in the open market were fairly substantial, and demand on Continental account was keen, maintaining a high , premium over franc parity. .

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https://paperspast.natlib.govt.nz/newspapers/EP19331214.2.184

Bibliographic details

Evening Post, Volume CXVI, Issue 143, 14 December 1933, Page 12

Word Count
121

AMERICAN GOLD BUYING. Evening Post, Volume CXVI, Issue 143, 14 December 1933, Page 12

AMERICAN GOLD BUYING. Evening Post, Volume CXVI, Issue 143, 14 December 1933, Page 12