FALL IN GOLD.
SALE OF BULLION. (British Official Wireles.s) RUGBY, Sept. 9. A sharp fall of Is Bpi occurred in the price of gold to-day, at £6 9s 2pi per fine ounce, a premium of 4d over the French franc.
One feature of yesterday’s bullion market was the offering of an unusually large amount of £825,000 bar gold. This was all disposed of, a large proportion being brought on Continental account.
The large amounts of gold being offered in the bullion market are partly explained by tho resale at a profit of previous purchases of metal.
LATEST QUOTATION.
DOLLAR EXCHANGE RATE.
Received September 12, 10.5 a.m. LONDON, Sept. 11. The price of gold to-day was quoted at £6 8s 9£d per fine ounce. The dollar rate of exchange in relation to the £ is 4.53.
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Bibliographic details
Manawatu Standard, Volume LIII, Issue 244, 12 September 1933, Page 7
Word Count
134FALL IN GOLD. Manawatu Standard, Volume LIII, Issue 244, 12 September 1933, Page 7
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