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PRICE OF GOLD

JAP CURRENCY

(United Press Association*—By Electric Telegraph—Copyright.)

TOKIO, Japan 10. It is officially announced that the price of gold will be raised to-mor-row from 2.95 yen gramme to 3.09 for the purpose of readjustment, vis-a-vis the London gold market, and keeping the yen exchange steady. LONDON, January 10. The “Evening Standard” says : Goldmining shares, already rising are indirectly helped by the Japanese, Government’s decision to inci'Cse the domestic price of gold. r l his is taken to imply that gold will not recede greatly -.from the present sterling price.

german exchange BERLIN, January 11. The German Minister of Economics states that the permits to use foreign currency granted during December fo r the pureho.se tof wool amounted to 7,907 thousand marks for South African wool, and 8,006,500 marks for Argentine wool.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HOG19350114.2.11

Bibliographic details

Hokitika Guardian, 14 January 1935, Page 3

Word Count
134

PRICE OF GOLD Hokitika Guardian, 14 January 1935, Page 3

PRICE OF GOLD Hokitika Guardian, 14 January 1935, Page 3

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