GOLD SCARE
Bullion Sales In London Press Association —Copyright. Received June 5, 12.5 p.m. London, June 4. The enormous sum of 4i million pounds’ worth of gold, almost double yesterday’s reeprd, was sold in the London bullion market. It was absorbed chiefly by the Equalisation Fund. The gold was offered mainly by foreign hoarders, who are panicky at a possible cut in the gold price. The good effect on the stock markets which the dropping of the Defence contribution brought about has disappeared through the gold scare.
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https://paperspast.natlib.govt.nz/newspapers/TCP19370605.2.43
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Taranaki Central Press, Volume IV, Issue 451, 5 June 1937, Page 5
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87GOLD SCARE Taranaki Central Press, Volume IV, Issue 451, 5 June 1937, Page 5
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