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Gold Pool Price Pledge Aims to Quiet Gold Rush
London bullion dealers and international banks meet at Rothschilds to assess if the U S pledge will curb the gold rush on the dollar. The Basel statement reaffirms seven governments will sell gold at 35 dollars an ounce to calm fears and restore balance after panic demand.
MENTIONED IN THIS ARTICLE
London
United States
Rothschild’s Bank
International Gold Pool
Bank For International Settlements
Basel
Switzerland
Britain
Italy
Belgium
West Germany
Netherlands
Switerland
South Africa
William McChesney Martin
U.S. Federal Reserve Board
Frankfurt
Martin
U.S. Treasury
Henry H. Fowler
France
U.S
Europe
Paris
Zurich
Germany
Wall Street
Spain
Francisco Fraffico
Banque de France
Economist
British Financial Weekly
Latin America