RISING PRICE OF GOLD
SOVEREIGNS FETCH OVER THIRTY SHILLINGS. United Press Association—By Electric Tel egraph—Copyrlgh t (Received August 27, 6.45 p.m.) LONDON. August 26. Sovereigns fetched 30/8i in London yesterday, the highest since Britain went off the gold standard. The city editor of the ‘‘Sunday Express” says: The cause of the rise in gold is the immense *gold hoarding movement in France, where people have lost confidence in all forms of paper litigations. One of the great French industrialists is understood to hold about £8,000,000 in a London bank.
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Bibliographic details
Timaru Herald, Volume CXXXVII, Issue 19579, 28 August 1933, Page 7
Word Count
89RISING PRICE OF GOLD Timaru Herald, Volume CXXXVII, Issue 19579, 28 August 1933, Page 7
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