§ 19. Mr. Wingfield Digbyasked the Chancellor of the Exchequer what additional annual burden will fall on the United Kingdom balance of payments as a result of the diversion elsewhere of over £7,000,000 of gold mined in Rhodesia.
§ Mr. CallaghanThe United Kingdom's balance of payments will not be affected, although the supplies of gold available on the London market may be.
§ Mr. DigbyDoes the right hon. Gentleman's statement mean that the gold will be available for the sterling area if it goes to South Africa?
§ Mr. CallaghanThe movements of the gold market are extremely mysterious, but it is true to say that gold which starts in one place sometimes ends up in another.