HC Deb 22 March 1973 vol 853 c157W
34. Sir F. Bennett

asked the Chancellor of th Exchequer what was the value of the £ sterling in terms of the price of gold in June 1945, 1950, 1955, 1960, 1965, 1970, respectively, and today.

Mr. Patrick Jenkin

In terms of the official price of gold, the pound was worth $4.03 in 1945, $2.80 from 1950 to 1965, $2.40 in 1970 and $2.89 today.