OCR Text |
Show London Gold Buyers Pay Record Premium LONDON, Nov. 4 11 So keen was the demand for gold in the London free market today that buyers buy-ers paid a premium of 18 cents an ounce over the American parity price for the approximately $2,000.-000 $2,000.-000 available. Purchasers were said to represent continental interests desiring the metal for hoarding. The price at which gold can be purchased here and shipped profitably prof-itably to the United States is figured fig-ured at $34.76 an ounce. Today's free market price was the equivalent equiva-lent of $34.94, representing the highest high-est premium of the year. |