PRICE OF GOLD
STILL HIGHER RECORD
CBy Telegraph.—Press Assn. —Copyright.) LONDON, September 1. The price of gold is 141s 5d per fine ox. Per ox. s: ,d. -August 31 1-10 11% August 30 139 5 ■ August 29 139 4% August 1 138 1 July 2 137 -7% June 1 137 Vk • May 1 135 11% ■ April 3 335 2 March 1 137 1 February 5 (former record price) 140 0 February 1 135 U ■„; , January 2 127 0 . , (British Official Wireless.) ; . (Received September 3, 11 a.m.) RUGBY, September 1. The further advance "of 5%d in the price of gold to a new high record of Ills 5d took place today, the increase on yesterday's price being, based, on supply and demand and including a premium of 23 4d over the dollar at 4.99 7-8, aud 7d over the franc at 74 23-32. Sterling was slightly firmer on most of the principal centres today. The downward movement of the past few days lias caused, no anxiety in city financial circles, where there in a confident belief that it is mainly due to "bear" sales, and that covering of-'such operations will shortly produce a recovery in the rates. It is'- realised that no change has occurred in the economic situation of the country to warrant the depreciation.
The silver market is easier, spot price lor bar being 3-16 d lower, at 21 11-16 d, two months forward 21% d.
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Bibliographic details
Evening Post, Volume CXVIII, Issue 55, 3 September 1934, Page 12
Word Count
237PRICE OF GOLD Evening Post, Volume CXVIII, Issue 55, 3 September 1934, Page 12
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