FALL IN GOLD PRICE
LONDON BULLION 1 MARKET. CONTINENTAL PURCHASES. ' (British Official Wireless.) RUGBY, Sept. 9. A sharp fall of Is S£d occurred in the price of gold to-day at £6 9s 2ld a 'fine ounce, a premium of 4d over the' franc. A feature of yesterday’s bullion market was the offering of an unusually large amount, £825,000 of bar gold. This was all sold, a large proportion being bought on Continental . account. The offering of large amounts of gold in the bullion market is partly explained by resale at a profit of previous purchases of the metal.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HAWST19330912.2.58
Bibliographic details
Hawera Star, Volume LIII, 12 September 1933, Page 5
Word Count
98FALL IN GOLD PRICE Hawera Star, Volume LIII, 12 September 1933, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Hawera Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.