HC Deb 03 July 1972 vol 840 cc49-50W
Mr. Denzil Davies

asked the Chancellor of the Exchequer how many ounces of gold were held in the official reserves of the United Kingdom at the end of each financial year from 1945 to 1971, respectively.

Mr. Nott

Following is the information:

Date Number of ounces (millions)
End March, 1945 … … 51.373
End March, 1946 … … 57.930
End March, 1947 … … 64.673
End March, 1948 … … 60.254
End March, 1949 … … 47.669
End March, 1950 … … 42.219
End March, 1951 … … 95.056
End March, 1952 … … 42.647
End March, 1953 … … 52.662
End March, 1954 … … 67.455
End March 1955 … … 70.659
End March, 1956 … … 57.211
End March, 1957 … … 53.737
End March 1958 … … 61.529
End March, 1959 … … 78.877
End March, 1960 … … 70.063
End March, 1961 … … 74.952
End March, 1962 … … 68.733
End March, 1963 … … 69.925
End March, 1964 … … 70.238
End March, 1965 … … 60.317
End March, 1966 … … 58.190
End March, 1967 … … 47.915
End March, 1968 … … 42.660
End March, 1969 … … 42.163
End March, 1970 … … 41.957
End March, 1971 … … 32.114
All figures are rounded to the nearest thousand ounces.

Mr. Denzil Davies

asked the Chancellor of the Exchequer what proportion of the convertible currency reserves of the United Kingdom for each quarter of 1971 and the first quarter of 1972 was held in United States dollars, Deutschemarks and other currencies, respectively.

Mr. Nott

It is not the practice to publish details of individual currencies in the Exchange Equalisation Account.