THE SILVER MARKET.
HEAVY SLUMP BRINGS PRICE TO 79d.
INDIA ISSUING NICKEL COINS
LONDON, Jan. 15. Silver has slumped heavily to 79d per standard ounce, owing to the recent record rise bringing out sellers who believed that the top prices had been reached and also owing to China not being a buyer in the market, it is. however, generally behoved that the reaction is only temporary. A. and N.Z. Cable Assn (Received Jan. 20, 1.35 a.m.) LONDON, Jan. 15. Silver is quoted at 77d per standard ounce. „ ___ . (Received Jail. 19, 7.25 p.m.) LONDON. Jan. 16. India is launching a bold innovation with a view to solving the silver problem by issuing a" nickel series, which includes a half-rupee, the metal of which is intrinsically worth less than one penny.—A. and N.Z.
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Bibliographic details
Gisborne Times, Volume LII, Issue 5382, 20 January 1920, Page 5
Word Count
131THE SILVER MARKET. Gisborne Times, Volume LII, Issue 5382, 20 January 1920, Page 5
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