London, June 14 The rush to acquire gold as protection against the contingency of an early devaluation of the dollar flared up again today. Bullion brokers were inundated with buying orders from Europe, Asia and America, Over £1,500000 worth of gold changed hands at the fixing, with buyers paying a premium of 8d. over the American dollar parity.
Well-informed quartes in London continue to deride rumours of the Acvaluation of either the dollar or of all currencies adhering to the Tripartite Monetary Agreement.
they point out: that such steps will only likely prove to be palliative and will not be a cure for the declining trend of commodity prices—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.